Over the Years Cadillac Has Become to Be Thought of as "Your

question 165

Multiple Choice

Over the years Cadillac has become to be thought of as "your grandparent's car." The new Cadillac ads showing a beautiful young woman driving a Cadillac along with the statement,"When you turn your car on,does it turn you on?" This is an example of marketing designed to help _____ Cadillac as a car for today's younger driver.

• A) diversify
• B) reposition
• C) develop
• D) expand
• E) display

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Definitions:

Ledger

A book or collection of accounts in which transactions are recorded, showing the changes in each account over a period of time.

Inventory

The complete list of goods and materials that a business holds, either for sale or as part of its supply chain.

Accounting Equation

The fundamental principle of accounting represented as Assets = Liabilities + Shareholder's Equity, ensuring that a company's balance sheet is balanced.

Accounts Payable-HST

Liabilities owed by a business for goods and services that have been received but not yet paid for, specifically relating to Harmonized Sales Tax (HST) payables.