The statement, "The black, rectangular Intech ThinkPad has a red tracking ball and a multicolored Intech logo set at 35 degrees in the lower right corner," is an example of a(n):
A. product advantage.
B. segmentation variable.
C. product feature.
D. market need.
E. product benefit.
Answer: C
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When the investor pays $100,000 to acquire 40% of a company's outstanding voting shares at a time when the fair value of the company's net assets are $175,000, the resulting goodwill amount is $30,000.
Answer the following statement true (T) or false (F)
A multidivisional structure consists of a
A. decentralized structure with of a set of operating divisions organized along business, product, customer groups or geographic lines, and a central corporate headquarters that allocates resources, provides support functions, and monitors divisional activities. B. centralized structure combining corporate overhead with support functions. C. decentralized format of senior executives with large overhead staff to manage and control all the business lines. D. centralized structure that controls the coordination across the more diversified and complex functions within the organization. E. decentralized structure or divisional structure that monitors performance and allocates funding to those divisions wanting to grow.
For a taxpayer who is not insolvent nor under bankruptcy proceedings, the discharge of debt is generally
A. taxable. B. partially taxable. C. nontaxable. D. None of the above.
Travelocity would like to test if the average roundtrip airfare between New York and London is less than $1,400. A Type II error would occur if Travelocity concludes that the average airfare is _______________________________________________
A) equal to $1,400 when, in reality, the average airfare is not equal $1,400 or more B) not equal to $1,400 when, in reality, the average airfare is equal to $1,400 C) $1,400 or more when, in reality, the average airfare is less than $1,400 D) less than $1,400 when, in reality, the average airfare is $1,400 or more