Because firms must be developing new products all the time, which of the following statements is true?
A. One new invention may make possible many new products to replace old ones.
B. The developed economies experience technological advances more rapidly than the less-developed economies.
C. Competitors are likely to rapidly introduce product improvements in the market growth stage.
D. Although the life of different products varies, product life cycles are getting shorter.
E. All these answers are correct.
Answer: E
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On January 1, 2019, Outdoor Services issued $20,000 of 8% bonds that mature in five years. They were issued at par. The bonds pay semiannual interest payments on June 30 and December 31 of each year.
Provide the journal entry for the payment made on June 30, 2019. Omit explanation.
Which of the following is NOT a standing plan?
a. policies b. programs c. procedures d. rules
What is a rule of thumb change agents should use?
a. Draw hard lines, even if it means risking being fired b. Light many fires that are highly visible and allow change to happen in multiple places at once c. Focus on perfection. Change won’t be effective unless it’s done right d. Deliberate and take time making decisions to be sure they are the best ones
More and more companies are supporting efforts to hire ex-offenders to ensure that there is no discrimination on the basis of criminal records.
Answer the following statement true (T) or false (F)