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