MrsRenfro's,Inc

question 168

Multiple Choice

Mrs.Renfro's,Inc.,sells 25 different relishes in 45 different states.Its Chipotle Corn Salsa is so popular that the company struggles to keep its resellers stocked.At .50 a jar,its price seems just right to consumers who savor its hot and spicy taste.The popularity of spicy food is an example of a __________ on which Mrs.Renfro's has capitalized.

• A) barter factor
• B) demand factor
• C) supply factor
• D) consumer index
• E) macroeconomic environmental factor

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Definitions:

Intangible Asset

An asset that lacks physical substance, such as intellectual property or brand recognition.

Identifiable

Able to be recognized or distinguished as separate from other assets or liabilities within a company.

Separable

Capable of being divided or detached from a larger entity or group, often relating to assets that can be sold, transferred, or dissected from an organization.

Post-acquisition

The period following the acquisition of a subsidiary or business unit, during which the acquired company's assets, liabilities, and operations are integrated and reflected in the parent company's financial statements.