____________________ branding refers to the notion that these can be brands too.
a. Place
b. Product
c. Promotion
d. Price
a. Place
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Why have private labels been more successful in recent years?
What will be an ideal response?
Which of the following best describes the approach to new product development that results from the constant interaction of a multidisciplinary team whose members work together from the beginning of the project to the product's introduction?
A) the classic linear approach B) the rugby approach C) the cost-differential approach D) the target-costing approach
A standard cost system is one:
a. that provides a separate record of cost for each special-order product. b. that uses predetermined costs to furnish a measurement that helps management make decisions regarding the efficiency of operations. c. that accumulates costs for each department or process in the factory. d. where costs are accumulated on a job cost sheet.
Assume an organization has total current assets of $300,000; total current liabilities of $75,000; inventories of $150,000; prepaid expenses of $25,000; net sales of $800,000; and beginning accounts receivable of $100,000 and ending accounts receivable of $74,000 . What is the current ratio for this organization?
a. 17.9 b. 3.0 c. $225,000 d. 4.0