JDD Corporation provides the following benefits to its employee, Ahmed (age 47): Salary $ 311,000 Health insurance 13,600 Dental insurance 2,400 Life insurance 3,600 Dependent care 4,500 Professional dues 960 Personal use of company jet 233,000 The life insurance is a group-term life insurance policy that provides $225,000 of coverage for Ahmed. Assuming Ahmed is subject to a marginal tax rate of 32 percent, what is his after-tax benefit of receiving each of these benefits
Answers
Answer:
total after tax benefits = $373,365.44
Explanation:
Salary $311,000 x (1 - 32%) = $211,480
Health insurance $13,600
Dental insurance $2,400
Life insurance $3,600 - $483 - [$483 x (1 - 32%)] = $2,788.56
Life insurance policy coverage for $225,000
Dependent care $4,500
Professional dues $960
Personal use of company jet $233,000 x (1 - 32%) = $158,440
Ahmed's tax rate = 32%
Life insurance taxable benefits = ($225,000 - $50,000) × (0.23 cents per mil) × 12 months = $483
income tax = (salary + personal use of jet + life insurance) x 32% = ($311,000 + $233,000 + $483) x 32% = $544,483 x 32% = $174,234.56
total after tax benefits = (salary + personal use of jet + life insurance) - income tax + (life insurance - life insurance taxable benefits) = $544,483 - $174,234.56 + ($3,600 - $483) = $373,365.44
Related Questions
Among the changes that labor reformers wanted after the Industrial Revolution was more jobs for untrained workers. a ban on child factory workers. jobs for women factory workers. equal pay for owners and workers.
Answers
Among the changes that labor reformers wanted after the Industrial Revolution was: B. A ban on child factory workers.
Changes that labor reformers wantedThe changes that labor reformers wanted was to be an end to child labor or underage labor.
Labor reformers play an important role by fighting to stop child labor and to as well fight for a better working conditon for workers as well as better wages or remuneration.
Therefore Among the changes that labor reformers wanted after the Industrial Revolution was: B. A ban on child factory workers.
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Among the changes that labor reformers wanted after the Industrial Revolution was more jobs for untrained workers and ban on child factory workers. Thus, option A is correct.
What were the child labor reforms?Child labour laws are pieces of legislation that limit and govern kids' employment. Because children could fit in smaller spaces and employers could pay them less during the Industrial Revolution, child labor increased.
Although Massachusetts passed a child labor law in 1836, Prussia was the first nation to impose restrictions on child labor in factories and set a limit on the number of hours a child could work. By 1890, there were laws against child labor in almost all of Europe. Child labor has been a problem since the dawn of civilization. Children were employed by nomadic tribes to gather berries and perform minor maintenance, according to early history.
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3. ABC suppliers have an idea that an organization should be in good terms with the community, customers, and potential customers. Explain what public relations is. [2x1] [2]
Answers
Public relations (PR) is the practice of managing the communication between an organization and its various stakeholders, including the community, customers, potential customers, employees, investors, and the media.
The goal of Public relations (PR) is to create and maintain a positive image of the organization in the eyes of its stakeholders, enhance its reputation, and build relationships with key stakeholders.
PR professionals use various tools and strategies, such as press releases, media outreach, events, and social media, to communicate the organization's message and engage with its audiences.
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Cash in hand $2000
Cash at the Bank $136000
Bought from Mr John
Books $20000
Bags $70000 Bought goods by cheque $8000
Paid cash for Stationery $600
Sold goods for cash $10000
Pald cash for goods $1500
Cash sales to date $1200
Cash sales to date $74000
Paid rent by cheque $ 5000
Paid Mr John's account in cash $90000
Bought goods in cash $60000
Please help to extract a trail balance from all these information.
Answers
Answer:
the answer is 184300 when you subtract
2/2
John's employer offered him health insurance coverage for $125 per month that would
cover him as an individual. However, he was also offered the option to cover himself, bis
wife, and his child for $295 a month. How much extra would it cost John annually to add
his family to his health insurance?
Answers
What is one way investment consultants protect their clients’ money during periodic performance reviews?
Answers
Answer:
Investment consultants check that the portfolio manager's performance was based on skill investing in the agreed-upon stocks or sectors
Explanation:
because it is
In a bid to ensure that money is adequately channeled and client's finances are safe, investment consultant analyses the stocks and portfolio's in other to ensure they are based on the advise offered and agreed upon.
The investment consultant offers expert advise on profitable stocks and portfolio's which could be invested in. The portfolio manager handles and monitors client's investment and finances. Hence, the investment consultant and portfolio manager work hand in hand in other to ensure that the right stock is chosen and invested in.Therefore, investment consultant ensures that portfolio managers do not deviate from the agreement made.
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The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
Answers
The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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Which advertising medium goes hand-in-hand with newspaper advertising? ads go well with print ads because they remind customers to check for further details in local newspapers.
Answers
Answer:
Printed ads go hand in hand with newspaper advertising because they usually consist of impactful graphical representations of the service or product that is being announced, and they tend to take a significant space of the newspaper page where they are printed.
In fact, printed ads have been the most important financing source for newspapers, until very recently when printed newspapers have been going out of circulation due to low readership, and newspapers companies have been relying more on online advertising and user subscriptions.
Answer: Promotional advertising
Mrs. Slayman slays all day. She slays 17 times a second. Approximately how much Slaying does Mrs. Slayman do in a day?
Answers
Mrs. Slayman slays approximately 1,468,800 times in a day.
How to calculate much Slaying does Mrs. Slayman do in a dayIf Mrs. Slayman slays 17 times every second, then in one minute (60 seconds), she slays:
17 times/second * 60 seconds = 1020 times/minute
In one hour (60 minutes), she slays:
1020 times/minute * 60 minutes = 61,200 times/hour
And in one day (24 hours), she slays:
61,200 times/hour * 24 hours = 1,468,800 times/day
Therefore, Mrs. Slayman slays approximately 1,468,800 times in a day.
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Elaborate on two instances at the workplace where "silence is golden " may be applicable.
Answers
Answer:
It could be applicable when there is a negative compliment: When this happens it is best and advisable to be silent about it and continue with the work activities. Negative compliments are usually hurtful to the recipients and tempers may flare up if words are exchanged.
It could also be applicable when important informations are passed during meetings: Some meetings at work requires dissemination of information with various steps in accomplishing them. If an individual isn’t silent and pays less attention, a step may be missed and will make the worker being unable to perform the task.
What is consumer demand?
A.
consumers’ willingness to purchase certain products over a period of time
B.
consumer complaints filed with the FTC and other government agencies
C.
consumer suggestions posted on company websites about products
D.
consumer requests for further product information
Answers
Answer:
consumers’ willingness to purchase certain products over a period of time
Explanation:
State one effect the great depression had on many Americans?
Answers
Answer:
Great Depression
EXPLANATION:
I hope this helps (:
4.2.9 Quiz: Selecting a Candidate and Making an Offer
Question 9 of 10
Which of the following is a way for an HR department to ensure it is following
up with job candidates in an EEO-compliant manner?
OA. They ensure that they have asked job candidates about their
willingness to work weekends.
OB. They ensure that have look at their budget before making a firm
offer on the wage or salary.
OC. They ensure that they ask job candidates about why they left their
last job or position.
OD. They ensure job candidates have been recruited from a wide
variety of minority channels.
Answers
One way that an HR department can ensure it is following up candidates right is D. They ensure job candidates have been recruited from a wide variety of minority channels.
What is EEO Compliance ?It is crucial for organizations to maintain a diverse candidate pool as it upholds EEO compliance, thereby preventing discrimination and enabling equal opportunities, adopting various minority channels in the recruitment process guarantees unbiased consideration of applicants from distinct backgrounds, which counters traditional recruitment methods that may be partial to certain groups.
Through this approach, HR departments can ensure impartiality and inclusivity in their hiring processes while serving the organization's overall best interests.
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Question 32
$24,800 is invested for 3 months in a savings account with a rate of 9% simple interest per year.
Find the interest.
$66,960.00
$5,580.00
$6,6960
$558.00
Answers
Activity-based costing only charges products for the cost of the capacity used because: multiple select question. - assigning costs of unused capacity artificially reduces product cost per unit.
- products are only assigned the costs of resources they actually use. - it results in a more stable unit product cost.
Answers
Activity-based costing (ABC) is a costing method that assigns costs to products or services based on the resources they consume.
ABC only charges products for the cost of the capacity used because products are only assigned the costs of resources they actually use. This is in contrast to traditional costing systems that often assign costs based on a plant-wide rate or direct labor hours, which can lead to distorted product costs. By only charging products for the resources they consume, ABC results in a more accurate and stable unit product cost. Assigning costs of unused capacity can artificially reduce product cost per unit, which is not an accurate reflection of the true cost of production.
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Technology can create a whole new set of competitors that can change a company's business model. O True False
Answers
It is TRUE that technology creates a whole new set of competitors to the extent that it leads to changes in a company's business model.
Rightly, technology has been declared a game changer in the business competitiveness landscape New business models have sprouted from technology.
For example, retail businesses that relied on bricks and walls and cash models have either embraced new business models or gone out of business.Technology has demonstrated that a business does not need to own a physical shop and address in order to market and sell products to customers.With technology, a business can even seamlessly sell to customers across national boundaries.Thus, technology has altered business competition. Competition has, in turn, revolutionized business practices and created new business models.
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1. Describe an example from your past where you have been effective in inspiring other
leaders around a common purpose and shared values.
2. How effective are you today at empowering other people to step up and lead? How do
you go about doing this? What are you doing to improve your effectiveness?
3. Recall a situation in which you faced a conflict between empowering other people and
reaching your performance goals.
a. How did you resolve the conflict?
b. Did you give preference to reaching your goals or to your relationship?
c. Would you act differently in the future when facing a conflict between
relationships and performance?
Answers
Answer:
One effective way to inspire other leaders around a common purpose and shared values is to lead by example. I demonstrate a commitment to the values and purpose that are important to the team. Furthermore, I consistently take actions that align with those values and purpose. These steps can inspire others to do the same. Additionally, I create opportunities for open and honest communication, collaboration, and shared decision-making. These measures can help build trust and empower other leaders to promote the team's success.Empowering others to step up and lead can involve creating opportunities for skill-building and growth, providing guidance and support, and giving people the autonomy to make decisions and own their work. To improve effectiveness, I seek feedback from others. I also informed about best practices and emerging trends in leadership. Lastly, I continuously work on developing communication, coaching, and mentoring skills.Get instant answers, essays, and research papers through proffrank01 at g m ail.con. This helps you score maximum points without straining too much.
3. When facing a conflict between empowering other people and reaching performance goals, I considered the long-term impact of each decision. I prioritized relationships and empowered others to better outcomes in the long run. This required a short-term sacrifice to reach immediate performance goals. I communicated openly and honestly with the team about the situation and worked collaboratively to find a solution that aligns with both performance goals and relationship-building. In the future, I could reflect on the situation and consider how to approach similar conflicts in a more proactive manner.
Explanation:
If firms in the market are producing output but are currently making economic losses, illustrates the present situation for the typical firm in the market, and indicates the corresponding supply curve.
Answers
When companies in a market are now losing money, it means that the cost of producing the output exceeds the revenue it generates from sales. In this situation, output should be decreased or losses should be minimized. In this scenario, the supply curve for the market will be upward sloping, showing that to produce and supply more of the commodity as its price rises.
In this case, sunk costs, or expenditure that have already been paid for but cannot be recovered, can also have an effect on the supply curve. If a company has already invested in fixed costs required to make the good, rather than exiting the market and losing the value of those sunk expenditures, it may be more probable that it will manufacture at a loss in the near future. Businesses may be more willing to supply greater at any given price as a result of having buried expenses, flattening the supply curve.
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Nupur Nagpal, after compleftng her M.B.A. stud es, began to help her father, Shri Bhushan Nagpal, in his business. The business with a limited capital investment, was running successfully. All the workers were happy. Nupur wanted to use the modern business techniques in every area of business, namely, purchase, sale, production, finance, etc. In fact, she wanted to implement the methods, which she had studied in her M.B.A., in her business. As soon as she started interfering in the business with her latest techniques, the workers began to protest against her. Looking at the increasing protest against herself, she became disappointed. Ultimately, she gave up her business and started working in another company. In the business such circumstances were created that even her father could not take any balanced decision. Good Workers began to leave the business. The goodwill of the business in the market went on declining. In no time, the liabilities of business became many times more than his assets. On account of the pressure exerted on him by the creditors, Mr. Nagpal cleared the debts of business by disposing of his domestic properties. Mr. Nagpal could not bear with this situation and owing to his heart failure, he died. Ultimately, the business got closed. (a)To which form of business organization is concerned the above paragraph .
Answers
The above paragraph refers to the proprietorship form of business organization.Proprietorship is the most simple and common form of business organization. Proprietorship is owned, managed, and controlled by an individual who is the sole proprietor of the business.
A sole proprietorship is the easiest and most common type of business to form and dissolve. A sole proprietorship is owned and managed by one person, referred to as the sole proprietor.
Because the proprietorship form of organization is simple to establish, run, and manage, it is a popular choice for small and medium-sized firms.
The business owner has complete authority over the company's operations, as well as all profits and losses. The proprietor has total authority over the company and can make any changes they see fit. There is no distinction between personal and business assets in a proprietorship.
The proprietorship form of business organization has its own set of advantages and disadvantages. Proprietorship is best for small businesses because it is simple to set up, and there is no separate legal entity created.
However, one of the disadvantages of proprietorship is the unlimited liability of the proprietor for the business debts. Nupur Nagpal, after finishing her M.B.A., began to help her father, Shri Bhushan Nagpal, in his business, which was running successfully with limited capital investment.
However, when Nupur tried to incorporate modern business techniques that she learned during her M.B.A., the workers began to protest, which led to a decline in the business's goodwill.
The business's liabilities became many times more than its assets, and Mr. Nagpal died of heart failure due to the pressure exerted on him by the creditors. The business ultimately failed, and it was closed down.
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3. How would you evaluate IMAX's international expansion to date?
Answers
Answer:
yes
Explanation:
yes
The best evaluation of the expansion of the IMAX is that there is a faster spread of the business internationally than domestically.
What is a Business Expansion?This refers to the period of growth peak when a business has to seek extra options to develop and generate more profit.
Hence, we can see that from the expansion of IMAX, there is the creation of more theatres in India as they have entered a business partnership with Inox to bring the total number of contracted theatres in India to 40
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Which of the following statements are false?
a. Revenue provides only outward flows of cash.
b. Revenue is a subdivision of Assets.
c. Revenue provides an inward flow of cash or accounts receivable.
d. Expenses are part of Total Assets.
Answers
Answer:
a. Revenue provides only outward flows of cash.
b. Revenue is a subdivision of Assets.
d. Expenses are part of Total Assets.
Explanation:
Revenue is the income a business receives from its regular trading activities. It is the money realized from the sale of goods and services to customers. A company may have different sources of revenue such as interests received, sales, or disposal of assets.
Revenue is cash coming to the business or cash inflows. cash outflows is money leaving the company. Expenses are an example of cash outflows.
Topic; Monopoly vs Oligopoly.
Argue against the motion that Monopoly is a better marketing structure than Oligopoly.
Answers
A monopoly is a market structure characterized by a single firm controlling the entire market. While this structure may appear beneficial to the firm, it has several negative effects on the market and society as a whole. One major drawback is that monopolies lack competition, which leads to stagnation and a lack of innovation. Without a competing firm, there is no need to improve the quality of the product, customer service, or even pricing. This complacency can lead to a decline in sales and profitability.
Furthermore, monopolies can create inefficiencies in the market, leading to a reduction in consumer welfare. In a monopoly, the firm has the ability to charge higher prices than it would in a more competitive market. As a result, there is a transfer of wealth from consumers to the monopolist, leading to a decrease in consumer welfare and overall economic efficiency.
In contrast, an oligopoly is a market structure where a few firms compete with each other. This structure provides several benefits to the market, including innovation, better pricing, and higher quality. With firms competing against each other, there is an incentive to improve the quality of the product, customer service, and pricing, which benefits consumers. Additionally, this competition encourages firms to innovate, resulting in new products and technologies being developed.
In conclusion, while monopolies may offer some benefits to the firm, they are not a desirable marketing structure due to the lack of competition, inefficiencies, and reduction in consumer welfare. In contrast, an oligopoly provides benefits to consumers and encourages innovation, making it a superior marketing structure.
Dakota Coffee Company produces Columbian coffee in batches of 7,500 pounds. The standard quantity of materials required in the process is 7,500 pounds, which cost $6.00 per pound. Columbian coffee can be sold without further processing for $9.80 per pound. Columbian coffee can also be processed further to yield Decaf Columbian, which can be sold for $11.60 per pound. The processing into Decaf Columbian requires additional processing costs of $6,300 per batch. The additional processing will also cause a 5% loss of product due to evaporation.
Question Content Area
a. Prepare a differential analysis dated December 11 on whether to sell regular Columbian (Alternative 1) or process further into Decaf Columbian (Alternative 2). If required, use a minus sign to indicate a loss.
Answers
The differential analysis is attached accordingly. The workings are indicated below.
What is differential analysis?Differential analysis is a decision-making approach that analyzes the net effects of two alternatives by examining the advantages and costs associated with each. The option chosen has the greatest advantageous (or least adverse) financial impact.
To arrive at the figures in the differential analysis first we derive the Revenue from selling regular Columbian:
Recall that:
Revenue = Sales x Quanity Manufactured; hence
9.8 x 7500
= $73,500
Revenue from Decan Columbian:
11.6 x (95% x 7500)
= 11.6 x 7125
= $82, 650
Cost of selling regular Columbian
Cost = Cost x Units produced
= 6 x 7500
= $45,000
Compute the cost of selling Decaf Columbian
In this case, Cost = Product Cost + Cost of processing
= 45,000 + 6300
= $51,300
Hence the figures indicated in the differential analysis.
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Most adults would erase all of their personal information online if they could. A software firm survey of 521 randomly selected adults showed that 61 % of them would erase all of their personal information online if they could. Find the value of the test statistic.
Answers
312 individuals, or 61%, say they would delete their personal information from the internet if they could. The total is 312.32, however we must modify the response for persons.
What is the value of test statistic ?We must apply the Rule of Three to determine the solution. Mathematical rules like the Rule of Three can be used to address proportional problem.
1. Since I am aware that 512 adults were polled, this percentage is 100%. We don't know how many people are in this room, but 61% of them claim that they would delete all of their personal information from the internet if they could 685 adults are 100% .
61% of X adults In this case, we must arrange the identical components in the same columns. Students who scored highly in percentage.
3. I must now cross off these facts. I must multiply 61 by 512. So:
61*512= 31232
4. Next, multiply the outcome by 100.
31232/100= 312.32
5. The total number of adults who would is 312.
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Topic. The desire for people to attend meeting in my
organisation has gone down. As a newly employed
Secretary, explain three reasons why people dislike
meetings and discuss five factors that can make
For effective meetings
Answers
Shane is a newly hired inventory manager at a manufacturing firm. What can he do to avoid shortages or excess quantity of inventory?
Answers
Answer:
take inventory on how much product he has and how much he needs
Explanation:
Answer:
Honestly not sure but I personally put "C. plan appropriate order cycles for the inventory"
Explanation:
Plato
What is true about people who have
credit cards?
A. They are extremely wealthy.
B. They are extremely poor.
C. They have a limit on the dollar amount they can
charge.
D. They do not have a limit on the dollar amount they
can charge.
Answers
Once jobs have been evaluated by means of one of the job evaluation methods
the value that has been established allows it to be slotted into a hierarchy that wi
eventually develop a profile of the importance of each job to the organisation.
Create a job hierarchy by placing the positions listed below in order of rank.
Illustrate by using an organogram/chart.
(17 marks)
Positions in an organisation:
1. Artisans
4. Production Manager
7. Sales Consultants
10. Account Supervisor
13. Security
2. Cleaners
5. Sales Manager
8. Debtors clerks
11. General Manager
14. Machine Operators
3. Financial Manager
6. Receptionist
9. Supervisors (Sales)
12. Production Supervisor
Answers
To create a job hierarchy, we need to consider the relative importance of each position based on job evaluation.
How to create the hierarchyHere is one possible hierarchy, from highest to lowest:
General Manager
Financial Manager
Production Manager
Sales Manager
Account Supervisor
Supervisors (Sales)
Sales Consultants
Debtors clerks
Production Supervisor
Machine Operators
Security
Artisans
Cleaners
Receptionist
This hierarchy places the highest-ranked positions at the top and the lowest-ranked positions at the bottom. The General Manager is at the top because this position typically has the highest level of responsibility and authority in the organization.
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The Better Business Buniau is a consumer protection organization sponsored by consumer groups.
O a. True
O b. False
Answers
True
Hope this help
Describe and evaluate the elements of the carrying cost of inventory and how it relates to inventory levels and capital investment. How does ABC inventory stratification affect the carrying cost equation
Answers
1. The elements of the carrying cost of inventory include the following:
Capital costInventory service costInventory risk costStorage space cost.2. The relationship between the carrying cost of inventory and the inventory levels and capital investment is shown by the Economic Order Quantity (EOQ) Model.
The EOQ model defines that there will be an increased carrying cost of inventory when the inventory order is above the EOQ level, which also results in increased capital investment for the purchase of inventory that is kept in stock for a long period.
Thus, the carrying cost of inventory and the inventory levels and capital investment have a linear relationship. When one element increases, the other two elements will also increase.
3. ABC Inventory stratification helps management to reduce the carrying cost equation since it divides the inventory into many classifications to ensure the matching of inventory levels based on their annual requirements or demand.
What is inventory?Inventory refers to the stock of goods that a company holds at the end of the trading period because it has remained unsold to outside parties.
Inventory is one of the current assets used in determining the current ratio.
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Wayne Industries is building a new prototype riding lawnmower especially for women. The marketing strategy for the product has been developed and presented. The lawnmower is now being tested rigorously. This step will ensure that the product meets all the CPSC product specifications and leaves little chance for any product liability issues. Which step int he new product development process is this?
A) After this stage, no changes can be made in any aspect of the product design, features, or composition.
B) At this stage, the functional features and the intended psychological characteristics are combined.
C) The new product at this stage can be distributed through a full-scale roll-out immediately.
D) The new lawnmower is at the introductory stage of the lifecycle.
E) The new-product idea is at the last stage of the development process.
Answers
Answer:
The answer is option E) The new-product idea is at the last stage of the development process.
Explanation:
The are several stages in the development of a new product idea. Beginning with initial idea generation all the way to the final evaluation stage.
The new prototype riding lawnmower especially for women designed by Wayne Industries is at the last stage of the development process.
The last stage of the development process also known as the Evaluation phase is characterized by:
Presenting the marketing strategy developed for the product.ensuring that the product meets all the CPSC product specifications and leaves little chance for any product liability issues.