If a firm’s products are no longer properly aligned with changing market trends, the firm can ______.

a. sell its products to customers in another market who do value its products
b. make new investments to upgrade its manufacturing facilities
c. acquire new suppliers
d. reorganize its product distribution processes


a. sell its products to customers in another market who do value its products

Business

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As a result of the Welch divorce, what happened at GE?

a. GE was fined by the SEC for failure to disclose all of Mr. Welch's compensation b. Nothing, GE was not affected by this personal matter c. GE terminated Welch as a consultant d. GE hired a lawyer for Welch

Business

Money market accounts, certificates of deposit, bonds and commercial paper are all forms of short-term investment vehicles

Indicate whether the statement is true or false.

Business

The Enter Bills > Pay Bills (two-step) approach for paying bills must be used to pay which of the following? 

A. Sales Taxes B. Legal Services C. Rent Payments D. None of the choices are correct

Business

_____ techniques are primarily applied to existing products and services, while _____ is the application of value principles during product or service design

a. Value analysis….total cost of ownership b. Value engineering….price analysis c. Value analysis….value engineering d. Price analysis….cost analysis e. Value engineering….value analysis

Business