Answer:
False
Should be left to problem solving and decision making.
Answer:
19%
Explanation:
Given that,
Nominal GDP in 2010 = $200 billion
Nominal GDP in 2009 = $180 billion
GDP deflator in 2010 = 125
GDP deflator in 2009 = 105
Percentage change in prices:
= Percentage change in GDP deflator
= (Change in GDP deflator ÷ GDP deflator in 2009) × 100
= [(125 - 105) ÷ 105] × 100
= (20 ÷ 105) × 100
= 0.19 × 100
= 19%
Therefore, the prices increases by 19%.
Answer: Option (D)
Explanation:
Here, in this particular case we can state that the goal of these elements introduced by Disney is to evaluate the <em>top-of-mind awareness</em>. This concept is referred to as one of the most important element of consumer behavior and marketing research. Disney uses this concept as a measure in order to known how is the brand ranked in the minds of their customers.
Answer:
Cost-saving actions:
3. Actions to use only refurbished production equipment, actions to keeps supervisory costs to a bare minimum, and never spending any money on corporate social responsibility and citizenship
Explanation:
Competitive rivals will not glean the information about the use of production equipment, supervisory costs, and corporate social responsibility and citizenship from the Financial and Competitive Intelligence Reports. So, using refurbished production equipment will reduce costs provided the quality is not adversely affected. Supervisory costs can be minimized with target costing, and the amount on corporate social responsibility and citizenship is a management discretionary cost that can be eliminated, depending on prevail circumstances.
The Impossible Whopper is classified as an <u>additions to existing product line</u> according to the chapter's categories of new products.
Usually, when a company adds a new product which solidifies its area of product offerings, then, such action is called an "additions to existing product lines".
The additions to existing product line are also called Product line extensions.
For the question, we can see that Burger King already had a product line. He now launched a new menu item called the Impossible Whooper.
Therefore, in conclusion, the launch of the Impossible Whooper will be classified as an additions to existing product line.
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