Many people believe that customer focus does not help to create better, or new, products. This belief rests on which of the following ideas?
A) Such new product developments decrease the chances of success.
B) Customers do not consider the cost of design when making suggestions.
C) Customers are at times unaware of what they really want.
D) It increases the cost of testing a product or service.
E) Having too much customer focus leads to a negative brand image.
C
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Aspen Corporation Data for Aspen Corporation for the year ended December 31, 2012, are presented below. Credit sales $2,100,000 Sales returns 150,000 Gross accounts receivable (December 31, 2012 ) 420,000 Allowance for bad debts (Before adjustment at December 31, 2012 ) 25,000 Estimated amount of uncollected accounts based on an aging analysis 75,000 Refer to information provided for Aspen
Corporation. If Aspen uses the aging of accounts receivable method to estimate its bad debts, what amount will be reported as bad debt expense for 2012? A) $50,000 B) $75,000 C) $78,000 D) $53,000
Which of the following types of liability do limited partners of a limited partnership have for the debts and obligations of the limited partnerships?
A) unlimited personal liability B) liability restricted to debts up to their capital contributions C) liability of termination as partner D) unlimited organizational capital liability
Tying arrangements and cross-licensing are unlawful because they tend to reduce competition
Indicate whether the statement is true or false
William realizes he wasn't as ambitious as he should have been, and decides to reformulate his model such that the second priority is income of $550. After pressing "Solve" he reviews the sensitivity report shown below. Which statement is best?
Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$14 Rotgut 10 0 0 0 0 $C$14 White Lightning 15 0 0 0 0 $D$16 Hours d1+ 0 1 1 1E+30 1 $E$16 Hours d1- 7 0 0 1 0 $D$17 Profit d2+ 30 0 0 0 0 $E$17 Profit d2- 0 0 0 1E+30 0 $D$18 Corn d3+ 0 0 0 1E+30 0 $E$18 Corn d3- 0 0 0 1E+30 0 $D$19 Sugar d4+ 0 0 0 1E+30 0 $E$19 Sugar d4- 10 0 0 0 0 A) William income has increased from $500 to $520. B) William income cannot be determined from this report. C) William can increase his profit beyond $550 is he would revise his profit constraint again. D) William's income has increased from $500 to $530.