SCENARIOS Jabra Corporation

question 95

Multiple Choice

SCENARIOS
Jabra Corporation
After years of development and testing,Jabra Corporation of San Diego,California,unveiled the Jabra 1000 ear-bud phone.The entire device fits in your ear.It resembles those tiny in-ear speakers that let you listen to a Walkman in private--except that Jabra's unit is a transmitter as well.It picks up your voice by amplifying sound vibrations in your bones.Therefore,there's no microphone boom to jut out in front of your face.Because the bone vibrations must be amplified,a special chip in the part of the system that connects to the base of your phone uses noise-cancellation technology to screen out background sounds.This anti-noise chip generates a mirror image of outside noises,and the colliding sound waves erase each other.The main electronics package--about the size of a deck of cards--also monitors the quality of the phone line and automatically raises the volume of voice transmissions when the connection is weak.This tech-talk isn't cheap: the ear-bud phone lists for $329.
-Refer to Music Industry.The market for record albums in the 1930s suggests phonograph records were in which stage of the product life cycle at that time?

• A) growth
• B) introductory
• C) decline
• D) maturity
• E) saturation

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Definitions:

Discount On Bonds Payable

The difference between the face value of bonds and their selling price when sold for less than their face value.

Contra Liability

A liability account that is used to record reductions to another liability account, effectively acting as a negative liability.

Market Rate

The current price in the marketplace at which a given asset can be bought or sold.

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate.