The first phase of the new-product development process is ________

A) problem recognition
B) product concept screening
C) idea generation
D) product concept development
E) business analysis


C

Business

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Suddenly Salad had the following expenditures related to developing its trademark.General advertising costs$300,000Advertising specifically focused on trademark development120,000Legal fees to register trademark52,000Registration and design fees for the trademark38,000Legal fees for successful defense of the new trademark  33,000Total$543,000During your year-end review of the accounts related to intangibles, you discover that the company has capitalized all the above as costs of the trademark. Management contends that all of the costs increase the value of the trademark; therefore, all the costs should be capitalized.1. Which of the above costs should the company capitalize to the Trademark account in the balance sheet?2. Which of the above costs should the company report as expense in

the income statement? What will be an ideal response?

Business

A salesperson following the Core Principles of Professional Selling is helpful and honest with customers even if that means losing sales.

Answer the following statement true (T) or false (F)

Business

It is best that the receiving department not be given a copy of the purchase order or the invoice

Indicate whether the statement is true or false

Business

Discuss the factors that make marketing objectives effective

What will be an ideal response?

Business