Which of the following statements is true regarding the product life cycle (PLC)?

A) A product/service is in the same stage of the PLC in all the countries at the same time.
B) PLC cannot be rejuvenated by marketing.
C) PLC is a conceptual framework.
D) It sketches the profit margin history of the product category over time.


C

Business

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Which of these statements is not true?

a. Transactions must be recorded in a journal. b. All transactions could be recorded in the general journal. c. Companies use a number of special journals to record most transactions. d. Special journals are designed to improve record- keeping efficiency. e. The form of the journals are the same from industry to industry.

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Describe and discuss the three key determinants of collaborative learning identified by Tidd and his colleagues (2001). In your answer be sure to provide clear examples of each.

What will be an ideal response?

Business

Historically, the common law permitted employers to:

a. hire workers only with government approval b. fire workers only with government approval c. hire and fire which ever workers they wished d. fire workers for reasons listed in an employee handbook e. none of the other choices

Business

A U.S. company buys merchandise from a foreign company denominated in U.S. dollars. Which of the following statements is true?

A. No foreign exchange gain or loss will result. B. If the foreign currency appreciates, a foreign exchange gain will result. C. If the foreign currency depreciates, a foreign exchange gain will result. D. Any gain or loss will be included in comprehensive income. E. If the foreign currency appreciates, a foreign exchange loss will result.

Business