b. The first actual version or model of a product or service that can be tested with customers

a. looking yourself in the mirror and saying whatever comes to mind.
b. stealing ideas from current competitors.
c. hiring a bunch of young, smart kids.
d. talking to consumers or business customers and finding their problems.


d. talking to consumers or business customers and finding their problems.

Business

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Price & Malone Corp., a company based in Houston, caters to a market of individuals and households that buy goods and services for personal consumption. Price & Malone caters to a ________ market

A) business B) reseller C) government D) consumer E) wholesale

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Foxworth Company sold plant assets that had accumulated depreciation of $20,000. These assets cost Foxworth $70,000 when purchased 4 years ago. The sale of the assets resulted in a gain for Foxworth of $2,000. The amount of cash reported for this transaction on Foxworth's statement of cash flows is a:

A) $70,000 outflow. B) $52,000 inflow. C) $72,000 inflow. D) $2,000 inflow.

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PPG Industries is a producer of glass for windows. It sells products in the consumer market

Indicate whether the statement is true or false

Business

Which of these statements accurately describes exploratory informative presentations? a. They should resolve any unanswered questions on the topic. b. Experts on the subject may be tentative with their conclusions. c. They assume the audience has some previous knowledge about the topic. d. They do not invite the audience to learn or discover. ______ is a form of informative presentation that uses entertainment, often in the form of humorous stories, sad tales, or daring narratives of adventure, to inform audiences about important social issues.

a. Reality television b. A feature story c. Edutainment d. Fake news

Business