Which of the following statements about the commercialization stage of the new-product development process is FALSE?
A. People need to be hired and trained to provide services.
B. Introductory promotion tends to be more costly if the firm is entering a very competitive market.
C. A firm should always roll out the product to the entire target market at one time.
D. Channels of distribution need to be filled with goods.
Answer: C
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On July 1, 2019, Reliable Services issued $39,000 of 15% bonds that mature in five years for $64,000. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2019, what is the total amount paid to bondholders?
A) $2925 B) $5850 C) $4800 D) $9600
Which of the following is an example of a convenience product?
A) candy B) furniture C) life insurance D) automobile E) refrigerator
A stock dividend will cause a decrease in the total number of shares issued and outstanding
Indicate whether the statement is true or false
When preparing slides, you should not
A) use about seven lines of text per visual. B) show no more than 40 characters per line. C) type the text in all capital letters. D) use plenty of white space. E) include no more than three columns of data.