How do environmental factors affect pricing during a product or service's life cycle?
What will be an ideal response?
Economic constraints, legal situations, and other environmental factors can affect pricing throughout the life cycle.
While environmental factors can sometimes have negative effects on the organization, they can also trigger the
development of new products and services. For example, increased gasoline prices spurred the market introduction
of hybrid and electric automobiles.
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Which of the following activities or transactions would normally not be accounted for in a capital projects fund?
A. Construction of airport runways financed by revenue bonds and to be repaid from the revenues of the city airport, an enterprise fund. B. Lease of a building to be used as a city office building. C. Construction of a new city jail. D. Construction of a new city park to be maintained primarily from General Fund revenues.
The goal of a monetize strategy is to ________
A) diversify growth B) develop new markets C) extract the maximum short-run cash flow from the market D) slowly withdraw a product from the market E) quickly withdraw a product from the market
When the date of declaration and the payment date occur in the same period, the amount of dividends shown on the statement of stockholders' equity and on the statement of cash flows will be equal
Indicate whether the statement is true or false
Which of the following accounts would you expect to find on the balance sheet of a manufacturing company?
a. finished goods inventory, raw materials inventory, and merchandise inventory b. finished goods inventory, work-in-process inventory, and merchandise inventory c. raw materials inventory, work-in-process inventory, and merchandise inventory d. finished goods inventory, raw materials inventory, and work-in-process inventory e. none of the above