A Set of Business Activities That Add Value to Products

question 66

Multiple Choice

A set of business activities that add value to products and services sold to consumers for their personal use is called:

• A)licensing.
• B)manufacturing.
• C)advertising.
• D)retailing.
• E)reselling.

Analyze the role of genetics in shaping individual differences including political interests and attitudes.

Comprehend how evolutionary theory explains human aggression and its functions.

Differentiate between genetic influences and environmental factors on psychological traits and behaviors.

Understand the limitations of evolutionary theory in explaining certain human behaviors.

---

Definitions:

Lease Liability

An obligation representing the present value of future lease payments under a leasing agreement.

Present Value

The current valuation of a future sum or ongoing cash flows, given a specified rate of interest.

Sales-type Lease

A lease agreement where the lessor recognizes immediate profits on the sale of an asset while retaining its ownership.

Interest Revenue

Income that a company receives from its investments in bonds, loans, or other instruments that earn interest.