What are the characteristics of the decline stage of the product/service life cycle?
What will be an ideal response?
At the decline stage, sales begin to decrease as the market saturates, the product becomes technologically obsolete
(like manual typewriters), and the service goes out of fashion (chauffeurs are rare now), or customer tastes change
(no more tail fins on cars).
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Bonds Payable has a balance of $1,000,000 and Premium on Bonds Payable has a balance of $7,000 . If the issuingcorporation redeems the bonds at 101, what is the amount of gain or loss on redemption?
a. $3,000 loss b. $3,000 gain c. $7,000 loss d. $7,000 gain
The Jones family had a fire that destroyed their home. Various departments of a restoration company, from the initial cleanup crew to the assistance with the Jones family moving back in, worked together to achieve this goal. All of the company's interrelated parts working together to accomplish a goal (in this case, the restoration of the Jones home) is an example of a(n)
A. process. B. stepped process. C. input-output structure. D. structure. E. system.
Which, if any, of the following business activities are likely to be acceptable to business ethicists
a. following local custom and paying bribes to local government officials to secure legal concessions and subsidies. b. negotiating aggressively with suppliers to secure low input costs. c. relentlessly pursuing low-cost labor by investing in countries with weaker labor regulations and standards. d. seeking market expansion, regardless of the likely resulting economic, social or cultural damage.
most significant force toward globalization, the one with the most potential to shape the international management landscape, might be the dramatic advances in ______.
Fill in the blank(s) with the appropriate word(s).