Vandium, a high-end smartphone, is known for its excellent audio quality and processing speed. However, most of its users complain of certain technical issues after a period of five months. The company, however, is well aware of these issues because it deliberately designs these products to fail after a certain period—a strategy to generate revenue through service charges. In the context of business behavior, Vandium's business conduct is:

A. legal but ethical.
B. legal but unethical.
C. illegal but unethical.
D. illegal but ethical.


Answer: B

Business

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The decline of Kodak Inc. in the camera and film business is NOT explained by

a. the rise of Japanese rivals such as Fuji Photo Film Co. b. the development of digital cameras and smart phones that operate as cameras. c. anti monopoly laws that broke Kodak up into small, competing companies. d. constant innovation and attention to changing trends in recreational photography.

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Briefly describe occasion segmentation

What will be an ideal response?

Business

Which of the following is the physical handling of tangible goods, supplies, and resources?

A. Inventory management B. Materials handling C. Transportation D. Order processing E. Outsourcing

Business

The primary advantage of the price/earnings approach to valuation is that it

a. reflects "top value" of the firm. b. pays off assets and sells liabilities. c. assumes business begins operations. d. is simple to use.

Business