Exam 8: Implementing Strategies: Marketing, Financeaccounting, Rd, and Mis Issues

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The percentage-of-sales method should be used for projecting interest and taxes, but not dividends, in the income statements.

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A major effort in R&D may be risky if technology is changing rapidly and the market is growing slowly.

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With market segmentation, a firm can better operate with limited resources.

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What makes market segmentation an important variable in strategy implementation?

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Market penetration can be defined as the subdividing of a market into distinct subsets of customers according to needs and buying habits.

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The Sarbanes-Oxley Act has eliminated the problem of firms inflating their financial projections, so stakeholders no longer have to worry about the reliability of the financial projections of different companies.

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What is the meaning of the term "going public"? Explain the important issues involved in deciding whether to go public. Include cost estimates, advantages and disadvantages.

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R&D employees and managers perform all of the following tasks EXCEPT

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It is generally not recommended for companies with less than $10 million in sales to go public.

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All of the following are strategic marketing issues or decisions EXCEPT

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One major R&D approach is to be an innovative imitator of successful products.

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Perceptual mapping entails developing schematic representations that reflect how your products or services compare to competitors' on dimensions most important to success in the industry.

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According to research, the most successful new product companies use a research and development strategy that ties internal strengths to external opportunities and is linked with objectives.

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When additional stock is issued to finance implementation of strategy, the existing stockholders' ownership and control of the enterprise are strengthened.

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Multidimensional scaling is used in

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There are five component variables in the marketing mix: product, place, promotion, price, and people.

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After segmenting markets so a firm can target particular customer groups, the next step is to find out what customer groups want and expect.

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