Company policy prevents us from exchanging your defective wireless router more than 30 days after you purchased it is an example of an effective explanation

Indicate whether the statement is true or false


False

Business

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Lifestyle forces that shape customer needs and market demand include how the product is used, when it is used, and how much it is used

Indicate whether the statement is true or false

Business

Which of the following analysis techniques compares actual and planned sales to determine whether more merchandise is needed to satisfy demand or whether price reductions are required?

A. Sell-through analysis B. Multiattribute analysis C. ABC analysis D. GMROI E. Inventory turnover analysis

Business

With the current cost structure, Ortiz cannot achieve its profit goals. It will have to reduce either the fixed costs or the variable costs. Assuming that fixed costs cannot be reduced, what are the target variable costs per year? Assume all units produced are sold.

Ortiz Company is a price-taker and uses target pricing. Refer to the following information:



A) $10,114,000
B) $12,040,000
C) $5,600,000
D) $15,714,000

Business

The product life cycle is divided into four major stages. These are

A. concept introduction, market decline, market maturity, and sales decline. B. market introduction, market growth, market maturity, and sales decline. C. ideation, market growth, market maturity, and investment decline. D. market penetration, market growth, market maturity, and sales decline. E. market introduction, profit growth, market maturity, and profit decline.

Business