The managers of Arrow, an American retail chain, are currently reviewing new demographic markets to sell the firm's current products. This is an example of ________
A) market penetration
B) product development
C) mass marketing
D) market development
E) product adaptation
D
You might also like to view...
When presenting to high-ranking executives, ________ will consume most of the presentation time
A) explaining your credentials B) convincing them of the value of your presentation C) the question and answer period D) explaining the cost of the idea E) reading and understanding the nonverbal signals being transmitted
Answer the following statements true (T) or false (F)
1.The specific-factors theory analyzes the income distribution effects of trade in the short run when resources are immobile among industries. 2.Owners of resources specific to export industries tend to lose from international trade, while owners of factors specific to import-competing industries tend to gain. 3.The factor-price equalization theory is a short-run version of the specific-factors theory. 4.With economies of scale, specialization in a few products allows a manufacturer to benefit from longer production runs, which lead to decreasing average cost. 5.With decreasing costs, a country has an incentive to partially specialize in the product of its comparative advantage.
By law, U.S. courts can be discretionary while accepting an arbitrator's decision in patent disputes
Indicate whether the statement is true or false
Calculate the operating income for August using variable costing.
Lilypad Hot Tubs, Inc. reports the following information for August:
A) $380,000
B) $577,000
C) $307,000
D) $650,000