During the technical development phase of the new product development process, a physical version of the product is developed; it is called a ________
A) test market
B) focus group
C) business analysis
D) product concept
E) prototype
E
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A budget built from the ground up each year rather than by simply adding a percentage increase to last year's numbers is called:
A) a static budget. B) a flexible budget. C) a zero-based budget. D) a master budget.
Borrowing monies from financial institutions to fund the firm's revenue growth is an example of which cash-related activity in the cash flow cycle?
A) Operating activity B) Profitability activity C) Investing activity D) Financing activity
Whittenton Corporation manufactures numerous products, one of which is called Tau14. The company has provided the following data about this product: Unit sales (a) 50,000 Selling price per unit$83.00 Variable cost per unit$59.00 Traceable fixed expense$1,100,000 ?What is the net operating income for product Tau14 at the current price?
A. $1,200,000 B. $3,050,000 C. $100,000 D. $4,150,000
An official of a large national union claims that the fraction of women in the union is not significantly different from one-half. Using the critical value approach and the sample information reported below, carry out a test of this statement. Let ? = .05. sample size 400 women 168 men 232