Which One of the Following Is Not a Factor of Successful

question 65

Multiple Choice

Which one of the following is not a factor of successful product and service design?

• A)be aware of what the competitors are doing
• B)be aware of what customers want
• C)know what government regulations are
• D)use computerized design techniques
• E)know what new technologies are available

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Definitions:

Accrue

The process of recognizing revenue or expenses in the periods in which they are earned or incurred, regardless of when cash transactions occur.

IFRS

IFRS, or International Financial Reporting Standards, are a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for preparing financial statements.

Current Liabilities

Short-term financial obligations of a company due within one year, including accounts payable, short-term loans, and taxes payable.

Annual Magazine Subscriptions

The payment made for a year-long subscription to a magazine, usually recognized as an expense over the subscription period.