In which of the following cases is little or no test marketing most likely recommended for a new product?

A) when the product requires a major investment
B) when management is unsure of the projected demand for the product
C) when the risks associated with introducing the product are high
D) when management is unsure of the marketing program for the product
E) when the costs of developing and introducing the product are low


E

Business

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The relativist view of ethics suggests that what is right or wrong depends on the situation or culture.

a. true b. false

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According to philosopher Patricia Werhane, for an individual to expect respect for her or his personal autonomy, that individual has a ________ to respect the autonomy of others.

What will be an ideal response?

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A stock split results in a transfer at market value from retained earnings to paid-in capital

Indicate whether the statement is true or false

Business

Use a simple moving average of three periods to forecast the demand for July. What is the forecast?

A) 67 B) 58 C) 48.5 D) 45.3

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