What can the marketers of consumer products expect to find when they study and apply the product life cycle theory to their products?
A. All products go through every stage of the life cycle.
B. Changes in a product can change its life cycle.
C. The amount of time products stay in each stage is standardized for consumer products, but not industrial products.
D. All products except those considered faddish go through every stage.
E. The theory helps to predict how long a firm will stay in each stage.
Answer: B
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Answer the following statements true (T) or false (F)
1. The direct method of reporting cash flows from operating activities provides clearer information about the sources and uses of cash than does the indirect method. 2. Most public companies use the indirect method to prepare their statement of cash flows because it is the method the FASB prefers. 3. Tri-City Installations Company uses the direct method to prepare its statement of cash flows. Tri-City has reported sales revenues of $200,000 on its income statement for 2018. If the balance in Accounts Receivable has increased by $10,000 during the year, then $10,000 needs to be added to $200,000 to calculate collections from customers. 4. Urban Installations Company uses the direct method to prepare its statement of cash flows. Urban has reported cost of goods sold of $95,000 on its income statement for 2018. If the balance in the Merchandise Inventory account decreased by $6,000 during the year, then $6,000 needs to be added to $95,000 to calculate payments to suppliers for inventory purchases.
A promissory note and a security agreement
A) must go together on any consumer loan. B) are actually the same thing one is used with a credit card while the other applies to a cash loan. C) are different the promissory note shows details of the loan while the security agreement gives the creditor an interest in the collateral supporting the loan. D) are part of the loan agreement the borrower gives a promissory note and in return receives a security.
A centralized advertising strategy relies on creating separate ad departments based on divisions, subsidiaries, regions, brands, or other categories.
Answer the following statement true (T) or false (F)
Messages exchanged between objects carry or copy ________ from one container to another
A) data B) classes C) orders D) objects