By the time BMW and Mercedes-Benz entered the mini-SUV market, there were many competitors, sales had peaked, and profits were declining. These firms entered the market during the ________ stage of the product life cycle.
A. leveling
B. maturity
C. growth
D. decline
E. introduction
Answer: B
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U.S. GAAP and IFRS distinguish between revenues and expenses on the one hand and gains and losses on the other. Which of the following is/are not true?
a. Revenues and expenses result from the recurring, primary operating activities of a business. b. Income items include the ordinary, recurring operating activities of the firm. c. Gains and losses result from either peripheral activities or nonrecurring activities. d. The reporting of revenues and expenses are at gross amounts, and firms report gains and losses at net amounts. e. Gains and losses result from the recurring, primary operating activities of a business.
What is meant by served market? What factors determine the served market?
What will be an ideal response?
The sample coefficient of determination ranges from?
a. 0 to 1 b. 1 to 100 c. -1 to 0 d. -1 to 1
An honest effort to meet both the spirit and letter of the contract is termed
a. reasonable circumstances. b. sole discretion. c. honest representation. d. good faith.