Product improvements, product modifications, and original products can all be classified as ________
A) blueprints
B) new products
C) prototypes
D) product extensions
E) test products
B
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What is a multinational corporation? Why would a company want to be a multinational corporation?
What will be an ideal response?
When museums charge a lower admission fee to students and senior citizens, this form of pricing is known as ________
A) perceived value pricing B) third-degree price discrimination C) first-degree price discrimination D) second-degree price discrimination E) psychological discounting
Higado Confectionery Corporation has a number of store locations throughout North America. In income statements segmented by store, which of the following would be considered a common fixed cost with respect to the stores?
A. cost of goods sold at each store B. store building depreciation expense C. the cost of corporate advertising aired during the Super Bowl D. store manager salaries
A pedestrian trips and falls on a poorly lit sidewalk in front of Kate Geller's house and is injured. If the pedestrian sues for damages, which of the following parties would most likely be liable to pay the damages?
A. the civic authority B. Kate Geller C. the residents' association of the locality D. the pedestrian