ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following are the costs of new product development?
A
no guarantee it would be a success
B
expensive market research
C
large capital expenditure might occur
D
competitive advantage
Explanation: 

Detailed explanation-1: -The Bottom Line If an asset is likely to deliver long-term benefits to a company, the company may be required to record the purchase or development as a capital expenditure, depreciate the asset over its useful life, and maintain part of the purchase on its balance sheet.

Detailed explanation-2: -Installing an escalator is a capital expenditure as it is a non-recurring expenditure. Was this answer helpful?

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