The product deletion process is similar to the ____ step of the new-product development process because both involve deciding whether the product should be in the product mix based on an assessment of sales, costs, and profits.
A. idea generation
B. screening
C. product development
D. test marketing
E. business analysis
Answer: E
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On July 1, 2017, Rectangle, Inc purchased Diamond Company's five-year 12% bonds with a face value of $500,000 for $569,000, which included $25,000 of accrued interest. The bonds, which mature on February 1, 2022, are to be held-to-maturity and pay interest on February 1 and August 1. Rectangle uses the straight-line method of amortization. The amount of income that Rectangle would report for the
calendar year 2017 as a result of this long-term investment would be A) $20,400. B) $25,200. C) $30,000. D) $34,800.
A direct financing lease differs from a sales-type lease in that
A) the direct financing lease does not have a dealer profit, although it could have a dealer loss. B) the direct financing lease provisions do not include a bargain purchase option. C) the sales-type lease does not have unearned interest income at the inception of the lease. D) the direct financing lease does not have a dealer profit or loss.
Ultimately, who is responsible for making the decision if a nonprofit organization should enter into a business partnership?
A. banks B. board of directors C. chief executive officer D. Internal Revenue Service
The increased internationalization of business requires __________ to have a basic knowledge of international business.
A. marketing managers B. managers of transnationals C. managers of multinationals D. managers of purely domestic operations E. all managers