InfoFree Inc makes and sells devices and services for the circumvention of encryption software and other technological antipiracy protection. Under the Digital Millennium Copyright Act, this is
A) a violation of copyright law
B) prohibited but not a violation of copyright law.
C) a "fair use" exception to the provisions of the act.
D) permitted for reconsideration every three years.
A
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Ingram Dog Kennels had the following financial statistics for 2012: Long-term debt (average rate of interest is 8%) $400,000 Interest expense 35,000 Net income 48,000 Income tax 46,000 Operating income 107,000 What is the times interest earned for 2012?
a. 11.4 times b. 3.3 times c. 3.1 times d. 3.7 times e. None of the answers are correct.
Which of the following is an example of how e-cards can be used appropriately in a business situation?
a. To extend sympathy in the loss of a loved one b. To inform clients of an upcoming move of a corporate office c. To thank donors who have made significant financial contributions to a fund-raising campaign d. To remove a client from a list of business associates
A firm pursuing a best-cost provider strategy
A. tries to outcompete a low-cost provider by attracting buyers on the basis of charging the best price. B. tries to have the best cost (as compared to rivals) for each activity in the industry's value chain. C. seeks to deliver superior value to buyers by satisfying their expectations on key attributes and beating rivals in meeting customer expectations on price. D. seeks to be the low-cost provider in the largest and fastest growing (or best) market segment. E. seeks to achieve the best costs by using the best operating practices and incorporating the best features and attributes.
Answer the following statement(s) true (T) or false (F)
1. A design or symbol that distinguishes a product from its competitors is called packaging. 2. Store-brand items demand higher prices and are therefore more profitable. 3. Generic products have no brand name at all. 4. The ultimate in brand loyalty is brand preference. 5. Companies use individual branding when developing a product mix with a recognized brand name.