Which of the following groups of customers are characterized as skeptics, who wait to see whether the product or service will really deliver meaningful benefits?
A) innovators
B) laggards
C) early majority
D) late majority
E) early adopters
D
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Pokrah University recently began holding regular coffee-hour discussions with current and prospective students and surveying all new and alumni students regarding educational needs and desires. These actions reflect how Pokrah University is striving to become more value driven by
A. keeping the faculty members happy. B. balancing its customers' benefits and costs. C. sharing information across the organization. D. building relationships with customers. E. evaluating strategic competitive partnerships.
Strategic alliances are more likely to be long lasting when they involve
A. collaboration with suppliers or distribution allies, or when both parties conclude that continued collaboration is in their mutual interests. B. joining forces in R&D to develop new technologies cheaper than a company could develop the technology on its own. C. partners that respectively have considerable resource weaknesses in the marketplace. D. partners based in countries with distinctly different cultures and consumer buying habits and preferences. E. partners that are not only experienced with strategic alliances, but who also routinely enter into collaborative agreements with firms in peripheral industries.
Bruce receives 20 stock rights in a nontaxable distribution. The stock rights have an FMV of $5,000. The common stock with respect to which the rights are issued has a basis of $4,000 and an FMV of $120,000. Bruce allows the stock rights to lapse. He can deduct a loss of
A) $0. B) $1,000. C) $5,000. D) none of the above
The following partially completed T-accounts are for Stanford Corporation:Raw MaterialsBal7,000(2)24,000(1)19,000 Work In ProcessBal11,000(7)?(2)15,000 (4)18,000 (6)31,000 Finished GoodsBal18,000 (7)62,000 15,000 Manufacturing Overhead(2)9,000(6)31,000(3)16,000 (4)8,000 (5)5,000 Accumulated Depreciation-Factory Bal82,000 (3)16,000 Sales Salaries Expense(4)11,000 Accounts Payable Bal (1)19,000 (5)5,000 Salaries and Wages Payable Bal7,000 (4)37,000 The cost of goods manufactured is:
A. $71,000 B. $62,000 C. $82,000 D. $64,000