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charle [14.2K]
2 years ago
14

In marketing, we define new-product development as: The development of original products, product improvements, product modifica

tions, and new brands through the firm's own product development efforts. True or false?
Business
1 answer:
Oksi-84 [34.3K]2 years ago
6 0

Answer:

The correct answer is True.

Explanation:

The development of a new product is the process in marketing and economics through which a company plans to participate in a particular market through the inclusion in it of a new good or service, or with a complete modification and / or update of previous one.

The bases on which the product development process is based are the research and design of goods or services that meet and respond to the tastes and needs that each market poses. It could be considered as new a good or service aimed at new needs of consumers, some substantial change in existing goods or services that may even make them obsolete.

One of the most important aspects lies in the research and analysis of the market, taking into account the possible opportunities that arise. Therefore, this development is considered to be the first stage in the life cycle of a product.

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On January 2, 2019, Denny Corp. enters into five-year finance lease for machinery with annual year-end payments of $15,000. The
butalik [34]

Answer:

On January 2, 2019, Denny Corp. enters into five-year finance lease for machinery with annual year-end payments of $15,000. The present value of the six annual lease payments is $65,000. Complete the necessary journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. View transaction list Journal entry worksheet On January 2, 2019, Denny Corp. enters into five-year finance lease for machinery with annual year-end payments of $15,000. The present value of the six annual lease payments is $65,000. Note: Enter debits before credits. General Journal Debit Credit Date Jan. 2 Record entry Clear entry View general journal

Explanation:

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7 0
3 years ago
At December 31, 2019, Blanda Company had a credit balance of $15,000 in Allowance for Doubtful Accounts. During 2020, Blanda wro
Alex73 [517]

Answer:

journal entries

Write-off

Debit Bad Debts expense $11,000 Credit Accounts receivable $11,000

Recovery

Debit Bank $1,800 Credit Bad Debt Recovered income $1,800

Allowance for Doubtful debt Adjustment

Debit Allowance for doubtful debt Adjustment $4,000 Credit Allowance for doubtful debt $4,000

Explanation:

Write-off

The write-off creates an expense (bad debt) and and decreases an asset ( Accounts receivable)

Recovery

Since the amount has been written off as bad, when it is recovered it is no longer recognized as a payment on accounts receivable but an income the entity thought was lost.

Allowance for doubtful debt adjustment

The differences in the opening balance and closing balance either creates an expense or an income adjustment. These estimates are on net Accounts receivables ( after bad debts) are a negative assets.

19000 - 15000 = 4000(increase) adjustment and is an expense.

7 0
3 years ago
What does George’s master decide to do? Make George do field work March George across the country Help George become a gentleman
prohojiy [21]

Based on the events in the book, we know that George's master made George do field work.

This is from the book, Uncle Tom's Cabin.

<h3>What happens in Uncle Tom's Cabin?</h3>

George's master did not believe that George should be engaging in doing much else apart from working for him as he was his enslaved person.

He would therefore follow George to whatever activity he would be doing that wasn't field work to drag him back to the house to engage in field work.

In conclusion, option A is correct.

Find out more on Uncle Tom's Cabin at brainly.com/question/1623971.

6 0
2 years ago
For each of the following situations, select the best answer that applies to consolidating financial information subsequent to t
Whitepunk [10]

Answer:

1. Method(s) available to the parent for internal record-keeping - (A) Initial value method

2. Easiest internal record-keeping method to apply.  - (F) Initial value method, partial equity method, and equity method.

3. Income of the subsidiary is recorded by the parent when earned.  - (E) Partial equity method and equity method but not initial value method.

4. Designed to create a parallel between the parent's investment accounts and changes in the underlying equity of the acquired company.  - (C) Equity method.

5. For years subsequent to acquisition, requires the *C entry.  - (B) Partial equity method.

6. Uses the cash basis for income recognition.  - (D) Initial value method and partial equity method but not equity method

7. Investment account remains at initially recorded amount.  - (C) Equity method.

8. Dividends received by the parent from the subsidiary reduce the parent's investment account.  - (E) Partial equity method and equity method but not initial value method.

9. Often referred to in accounting as a single-line consolidation. - (A) Initial value method

10. Increases the investment account for subsidiary earnings, but does not decrease the subsidiary account for equity adjustments such as amortizations - (A) Initial value method

8 0
2 years ago
When Alicia and Jordan dined at Formia Ristorante, a contemporary Italian restaurant in New Jersey, they both enjoyed Formia's c
harina [27]

Answer: Option E    

                 

Explanation: In simple words, physical evidence refers to the environment in which the customer and the seller met with the objective of exchanging services and money.

It is a important aspect of marketing mix as the success of the transaction that highly depends on the environment under which it takes place.

In the given case, Alicia and Jordan were fascinated by the special aura of the restaurant.

Hence from the above we can conclude that the correct option is E.

3 0
2 years ago
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