Explain the variation of quality requirements of a market during different stages of a product's lifecycle
What will be an ideal response?
Required quality by the market will vary during the life cycle. Early adopters will accept minor faults, whereas high
quality is expected in mature markets. High quality is a must in a world where dissatisfied customers can express
their anger online with a click of a mouse.
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Using common-size balance sheet percentages to project individual assets, liabilities, or shareholders' equity has all of the following shortcomings except:
a. Individual assets, liabilities, and shareholders' equity are not independent of each other. b. If a company experiences changing proportions for investments in securities among its assets, other asset categories may show decreasing percentages in some years even though their dollar amounts are increasing. c. Individual assets, liabilities, and shareholders' equity are independent of each other. d. The common-size percentages do not permit the analyst to easily change the assumptions about the future behavior of an individual asset or liability.
To avert troubles and reinforce the idea that they are responsible and concerned local residents, all foreign companies operating internationally should ________
A) focus on communicating just how responsible they are as concerned local companies B) continue to lead by example that they think and act globally C) publicize how they are the single-most important standard-bearer for their host countries D) take proper actions first then communicate it appropriately
For which of the following products would a differentiation approach based on customer
training be a necessity? A) a model airplane kit B) a pair of shoes C) an x-ray machine D) a bicycle
A corporation and its owners are considered a single juridical entity
Indicate whether the statement is true or false