According to the Text,several New Technologies Are Expected to Have

question 147

Multiple Choice

According to the text,several new technologies are expected to have dramatic impacts on marketing.Among those cited are

• A)biotechnology,smart grid services,natural user interfaces,and social networks.
• B)neuron technology,lithium batteries,cloud computing,and wireless power.
• C)crowdsourcing,genomics,QR codes,and weather manipulation.
• D)the Internet of Things,autonomous vehicles,wearable technology,and artificial intelligence.
• E)nanotechnology,autobots,cloud computing,and electric cars.

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales activity, such as rent, salaries, and insurance.

Net Income Target

A net income target is a predefined earnings figure that a company aims to achieve within a specific time frame.

Required Sales

The amount of sales a company needs to achieve in order to cover its costs and generate a desired level of profit.

Variable Costs

Expenses that change in proportion to the activity of a business, such as materials and labor costs.