According to the factors influencing advertising budgets, which of the following stages of the product life cycle leads to a positive effect of advertising on sales?

A. maturity
B. harvesting
C. alteration
D. introduction
E. decline


Answer: D

Business

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Calculating competitive strength ratings for a company and its rivals using the industry's most telling measures of competitive strength or weakness

A. is a way of determining which competitor has the highest overall competitive advantage in the marketplace and which competitor is faced with the lowest overall competitive disadvantage. B. is the most reliable indicator of which industry member has the lowest overall costs and is the low-cost leader. C. is the most reliable indicator of which industry member has the highest overall product quality. D. pinpoints which industry rivals are most insulated from the industry's driving forces. E. is a powerful way of revealing which competitors are in the best and worst strategic groups.

Business

Title IV of the Labor Management Reporting and Disclosure Act (LMRDA) requires that union elections be conducted according to certain:

a. legal procedures. b. contractual procedures. c. democratic procedures. d. arbitrational procedures.

Business

Managers typically avoid making assumptions that will be part of the year's financial plan.

Answer the following statement true (T) or false (F)

Business

When individuals set their own goals, they have less amount of well-being, commitment, and organizational commitment, resulting in decreased performance and productivity.

Answer the following statement true (T) or false (F)

Business