The brand development index (BDI) uses information regarding the product category in the numerator to understand the potential for development of the total product category.
Answer the following statement true (T) or false (F)
False
The BDI compares the percentage of the brand's total U.S. sales in a given market area with the percentage of the total population in the market to determine the sales potential for that brand in that market area. The category development index (CDI) is computed in the same manner as the BDI, except it uses information regarding the product category (as opposed to the brand) in the numerator.
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Many of the decisions that managers make do not affect their organization's activities in the short run
Indicate whether the statement is true or false
The general term employed to indicate a delay of the recognition of an expense already paid or of a revenue already received is
A) depreciation B) deferral C) accrual D) inventory
Art and Alma made capital contributions of 60% and 40% respectively to their newly formed partnership, AA & Associates. They did not have a written partnership agreement. At the end of the first year, the partnership made a profit of which Alma now claims half. However, Art maintains he should receive 60%. Who is correct?
a. Art, since the UPA presumes that profits and losses are divided in proportion to capital contribution. b. Art, since it would only be fair. c. Alma, because she works in the business. d. Alma, as the UPA provides that profits are split equally unless the partners agree otherwise.
Acme, Inc., produces widgets. To manufacture a new type of widget, it took 50 hr for the first widget. Acme estimates it has a 97% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 56th widget.
A. 31.05 hr B. 41.90 hr C. 18.96 hr D. 42.87 hr