The VALS segmentation system has evolved into an eight-part typology. List the categories of the
eight-part typology.
What will be an ideal response?
The eight parts of the VALS segmentation system include the following: (1 ) innovators, (2 )
thinkers, (3 ) achievers, (4 ) experiencers, (5 ) believers, (6 ) strivers, (7 ) makers, and (8 ) survivors.
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Interest payable on a loan becomes a liability:
a. When the borrowed money is received. b. When the note payable is issued. c. At the maturity date. d. As it accrues.
Depreciation expense will appear on the schedule of cash payments for selling and administrative expenses.
Answer the following statement true (T) or false (F)
An entitys' legal nature reflects its organizational form and the organizational form helps determine who has the statutory authority to make decisions for the firm
Indicate whether the statement is true or false
When all sellers pursue essentially identical strategies and have similar market positions
A. they use the same key success factors to differentiate their products. B. they still must possess customer service attributes that differentiate them from one another in the marketplace. C. they remain subject to different driving forces. D. they place about the same emphasis on various distribution channels. E. the industry can be said to contain one strategic group.