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GrogVix [38]
3 years ago
9

In the product development process, what takes place between concept testing and market testing?

Business
1 answer:
densk [106]3 years ago
5 0
<span>In the product development process, the stage of concept testing is followed by product development. The product must actually be in existence before market testing can be conducted. So, in this process, product development is in between concept testing and market testing.</span>
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The main reason the usefulness of Pareto optimal policies is limited as a policy guide is that: Question 2 options: it is too su
Nadya [2.5K]

Answer:

real-world changes in which no one is harmed are rare or nonexistent.

Explanation:

Pareto optimality, also known as Pareto efficiency was named after Vilfredo Pareto and it refers to an economic system in which no additional changes can make a person better off without making at least one person worse off.

This ultimately implies that, when there's a maximum level of efficiency in the allocation of goods and resources in an economy and no further changes can be made without making at least one person worse off. Thus, it can only exist in theory but not in reality.

The main reason the usefulness of Pareto optimal policies is limited as a policy guide is that real-world changes in which no one is harmed are rare or nonexistent because the goods and resources cannot be reallocated.

6 0
2 years ago
why would a firm currently experiencing competitive parity be able to gainsustained competitive advantages by studying another f
scZoUnD [109]

To learn how to exploit its own valuable/rare resources  would a firm currently experiencing competitive parity be able to gain sustained competitive.

In order for a company to maintain a lasting competitive edge, it must have control over a group of exploit resources that meet four essential criteria. These resources need to be: (1) priceless; (2) uncommon; (3) imperfectly imitable (hard to replicate); and (4) non-replaceable. A business offers the goods and services that customers want by utilizing its resources and capabilities. It creates a cost or differentiation advantage when a company employs them properly to make a product at the lowest cost and with more features.

To learn more about competitive, click here.

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7 0
1 year ago
At December 31, 2021 and 2020, P Co. had 67,000 shares of common stock and 6,700 shares of 5%, $100 par value cumulative preferr
dmitriy555 [2]

Answer:

The basic earnings per share is $10.77

Explanation:

Basic earnings per share is the earnings specifically for common stockholders.

This is computed by dividing earnings after preferred dividends with weighted average number of common stock which is the same as the common stock outstanding  of 67,000 shares.

Earnings after preferred dividends=$755,000-(6700*5%*$100)

                                                         =$755,000-$33,500

                                                         =$721,500

Basic earnings per share=$721,500/67000=$10.77

The correct option is first one of the multiple choices provided

6 0
3 years ago
Imagine that you work for the city of Fresno, California during the summer, and you are a union employee, just like the other 20
Stels [109]

Answer: b. the principal of your union

Explanation:

Union members are principals of the Union because in joining a union, they are giving the union the power to represent them in matters of labor with management.

This Power of Agency which is given to the Union therefore makes the Union the agent and the member , the Principal. The principal (member) will pay fees (union dues) to the agent for this representation as well.

5 0
3 years ago
Tanner-UNF Corporation acquired as a long-term investment $330 million of 5.0% bonds, dated July 1, on July 1, 2021. Company man
Vera_Pavlovna [14]

Answer and Explanation:

The Journal entries are shown below:-

1. Investment in bond Dr, $330 million

       To Cash $300 million

        To Discount on bond investment $30 million

(Being investment in bond is recorded)

2. Cash Dr, $8.25 million ($330 million × 5% × 6 ÷ 12)

Discount on bond investment Dr, $0.75 million

     To Interest revenue $9 million ($300 million × 6% × 6 ÷ 12)

(Being recognition of bond interest and discount is recorded)

3. The computation of investment is shown below:-

Investment = $300 million + $0.75 million

= $300.75 million

4. The journal entry is shown below:-

Cash Dr, $290 million

Discount on bond inventment Dr, $29.25 million

Loss on sale of investment Dr, $10.75 million

          To inventment in bond $330 million

(Being sale of investment is recorded)

8 0
3 years ago
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