A modified rebuy would be most likely when
A. a railroad plans to change from steel to aluminum rail cars in order to cut weight.
B. a computer producer is buying new assembly line equipment.
C. a bread producer is placing its weekly order for flour.
D. a car producer is developing a sportier car which will require wider tires.
E. a shoe factory needs more glue to attach heels to its shoes.
Answer: D
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Mouth-Waterin' Eats Company wants to sell its candy in a normal-sized package labeled "Gigantic Size." NuFabrics, Inc., wants to advertise its sweaters as having "That Wool Feel," but does not want to specify on labels that the sweaters are 100 percent polyester. What stops these firms from marketing their products as they would like?
What will be an ideal response?
Functional strategies are those that are
A. utilized as corporate benchmarks for evaluating corporate performance in relation to the organization's profitability. B. used to evaluate the organization's market position with regard to its closest competitors. C. typically developed and implemented organization-wide by the board of directors. D. utilized by top management in developing the corporate structure and resource allocation of an organization. E. implemented by each functional area of an organization to support the business strategy.
From the innovation and learning perspective, survival is dependent upon managers making ________ changes to existing products and services as well as introduce entirely new products with expanded capabilities.
A. few B. frequent C. no D. rare
Gadsden, who is subject to a 40% marginal Federal gift tax rate, made a gift of a sculpture to Marvin, valuing the property at $150,000. The IRS later valued the gift at $400,000. The applicable undervaluation penalty is:
A. $0. B. $20,000. C. $25,000 (maximum penalty). D. $40,000.