Dryel is a Procter & Gamble product that allows consumers to dry-clean their clothes in a dryer. Before launching the product, P&G researchers visited consumers' homes and watched as people they sorted laundry, creating piles of darks, whites, delicates, and items that would go to the dry cleaner because the people were unsure how to clean them. This was an example of _____ research.
A. observation
B. mall intercept
C. visualization
D. action-based
E. experiment
Answer: A
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Cost-volume-profit analysis is a technique available to management to understand better the interrelationships of several factors that affect a firm's profit. As with many such techniques, the accountant oversimplifies the real world by making assumptions. Which of the following is not a major assumption underlying CVP analysis?
a. All costs incurred by a firm can be separated into their fixed and variable components. b. The product selling price per unit is constant at all volume levels. c. Operating efficiency and employee productivity are constant at all volume levels. d. For multi-product situations, the sales mix can vary at all volume levels.
Business letters are more confidential than electronic media such as e-mail
Indicate whether the statement is true or false
Which of the following factors is used to determine whether dumped imports have caused material injury to an industry?
A) The volume of the dumped imports B) The effect of the imports on prices of like products in the domestic market C) The impact on domestic industry D) All of the above
The term "golden parachute" refers to
A. pay given to executives fired because of a takeover. B. a clause requiring that huge dividend payments be made upon takeover. C. managers of a firm in a hostile takeover approaching a third party about making the acquisition. D. financial inducements offered by a threatened firm to stop a hostile suitor from acquiring it.