Snackie, a Cookie Company, Manufactures Unique Fish-Shaped Biscuits That Are

question 80

Multiple Choice

Snackie, a cookie company, manufactures unique fish-shaped biscuits that are popular with kids.Kids love the distinct shape and novel taste of these biscuits.Which of the following factors is primarily contributing to the popularity of these biscuits?

• A)Trialability
• B)Observability
• C)Complexity
• D)Compatibility
• E)Relative advantage

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Definitions:

Opportunity Costs

The value of the next best alternative that is foregone as a result of making a decision, used in evaluating the relative cost of different choices.

Effective Management

Effective Management involves the process of planning, organizing, directing, and controlling resources and activities efficiently and effectively towards achieving organizational goals.

Operations

The day-to-day activities required for a business to produce goods or services and run smoothly.

Book Value

The net value of a company’s assets as recorded on the balance sheet, calculated as total assets minus liabilities and intangible assets.