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zubka84 [21]
3 years ago
13

QN=17 P&G introduced its Duncan Hines ready-to-spread frosting in a small geographic area. When General Foods became aware o

f the product, it rushed to market its own Betty Crocker ready-to-spread frosting, which eclipsed the Duncan Hines product introduction. This act illustrates ________.
a. why many companies engage in test marketing
b. one of the problems associated with test marketing
c. why prototypes are so important
d. how idea screening can make a product a commercial success
e. the variety of sources for idea generation
Business
1 answer:
Thepotemich [5.8K]3 years ago
8 0

Answer:

The answer is: B) one of the problems associated with test marketing

Explanation:

Test marketing is an marketing experiment that involves actual stores and real life buying situations, usually the potential buyers are not aware of the test.

Some of the major disadvantages of test marketing are:

  • They are expensive
  • Time-Consuming
  • Competitive Awareness: the competition might learn about our product and try to copy it or develop their own products.
  • Produce inconclusive Results
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If gdp is $20 trillon, how many years will it take for gdp to increase to $40 trillion if annual growth is 10 percent?
ElenaW [278]

It will take 7 years.

Given GDP is $20 trillion and increased GDP is $40 trillion.

Gross domestic product (GDP) is the standard measure of  value added generated by the country's production of goods and services over a certain time period. GDP is the total monetary or market worth of all completed products and services produced within a country's boundaries in a certain time period.

As such, it also accounts for the money generated by such output, as well as the overall amount spent on final products and services (less imports).

Time take to reach $40 trillion is to be found.

Formula to find the time taken to reach $40 trillion  is given below:

F = P *(1+i) ^t

Here,

F = 40,

P = 20,

I = 10%

Now put the values in the formula given above.

F = 0.1040 = 20 × (1+0.10) ^t(1.10)^t

  = 40 / 20

  = 2

Taking log both sides t = log 2 / log 1.10  

                                    = 7.27 yrs or 7 yrs

Therefore, it will take 7 years.

To know more about GDP click here:

brainly.com/question/1383956

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8 0
1 year ago
When a firm grants licenses internationally, it is giving foreign companies access to its:?
scoundrel [369]
<span>When a firm grants licenses internationally, it is giving foreign companies access to its trademarks, </span>technology and patents. Having your licenses and business become international is a huge gain for most businesses. When items go international, they have a larger market they can sell their products too, but there are also some risk to it as well. Allowing the foreign countries and companies to see how your products work inside and out benefit them while bringing in more profit to the international licensee. 
4 0
3 years ago
Krete is an unmarried taxpayer with income exclusively from wages. By December 31, year 1, Krete's employer has withheld $16,000
storchak [24]

Answer:

The answer is: $0

Explanation:

Krete would have been forced to pay a penalty only if her taxes due after withholdings were over $1,000 . Since she only owed $200 in taxes, she will not receive any penalty for underpayment. But she will still have to pay a penalty for not paying the $200 she owes (this is a separate penalty).

4 0
3 years ago
Calculate the required rate of return for Mercury Inc., assuming that investors expect a 5% rate of inflation in the future. The
My name is Ann [436]

Answer:

Option C is correct.

<u>The required rate of return for Mercury Inc., assuming that investors expect a 5% rate of inflation in the future is 18%.</u>

Explanation:

Real risk free rate = 3%

Inflation Premium = 5%

Nominal risk free rate Rf = Real risk free rate + Inflation Premium = 3% + 5% = 8%

Market risk premium (Rm –Rf) = 5%

Beta = 2

As per CAPM, required rate of return = Rf + beta * (Rm – Rf) = 8% + 2 * 5% = 18%

8 0
3 years ago
Two of the major disadvantages of the ________ organizational approach are that projects may lack focus and it can take longer t
SSSSS [86.1K]

Two of the major disadvantages of the functional organizational approach are that projects may lack focus and it can take longer to complete projects.

A project is any task, executed personally or collaboratively and possibly regarding research or design, this is cautiously planned to gain a specific purpose.

Definitely placed, a mission is a sequence of tasks that want to be finished to reach a particular final results. A undertaking also can be defined as a hard and fast of inputs and outputs required to obtain a selected aim. initiatives can variety from simple to complex and can be controlled via one individual or 100.

A mission definition (also called a task constitution) is a document that establishes the key targets and phrases of a task. proper mission definition paves the manner for on-time and on-budget shipping because it lowers the hazard of scope creep, budget overrun, and worker burnout.

Learn more about projects here:brainly.com/question/25009327
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8 0
1 year ago
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