Marketers Classify Innovations Based on Their

question 50

Multiple Choice

Marketers classify innovations based on their .

• A)contribution margins
• B)degree of tangibility
• C)degree of newness
• D)costs to manufacture/provide
• E)prices

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Definitions:

Expected Return

The forecasted amount of profit or loss from an investment over a specific period.

Nondeductible Contributions

are contributions made to certain retirement accounts or plans that cannot be deducted from the taxpayer's income.

Taxable Portion

The segment of income, withdrawals, or distributions subject to taxation, after accounting for exemptions, deductions, or pre-tax contributions.

IRA

Individual Retirement Account, a saving tool for individuals to allocate funds for retirement, offering tax advantages.