Rather than worry about introducing a new sports recovery product, Gabriel told his staff that they should repackage the existing products and promote them to professional basketball teams throughout the country. Gabriel is demonstrating ______ innovation.
Fill in the blank(s) with the appropriate word(s).
Ans: process
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Today, about ______ percent of a typical Ford vehicle comes from parts, components, and services purchased from external suppliers, many of which are outside of the United States.
a. 5 b. 15 c. 35 d. 70
A good system of internal controls:
a. depends on the competency of the people enforcing it. b. can never, by itself, provide absolute assurance that all fraud will be prevented. c. needs to be monitored and tested to ensure its accuracy. d. All of the choices are true of a good system of internal controls.
Jamison Company reports depreciation expense of $57,000 for Year 2. Also, equipment costing $191,000 was sold for a $6700 gain in Year 2. The following selected information is available for Jamison Company from its comparative balance sheet. Compute the cash received from the sale of the equipment. At December 31Year 2Year 1Equipment$695,000? $886,000? Accumulated Depreciation-Equipment 496,000? 585,000?
A. $102,000. B. $38,300. C. $51,700. D. $57,000. E. $45,000.
Which of the following is NOT one of the organizational buying processes discussed in the text?
A. multiple task buying B. new-task buying C. straight rebuy buying D. modified rebuy buying