Sunshine Crackers introduces Wheat Flats,a cracker with more fiber, fewer calories, and great flavor. Wheat Flats is a great success. This is an example of ________ innovation.
A. capital
B. process
C. product
D. culture
E. resource
Answer: C
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Early versions of the SLII model, developmental levels of followers were referred to as ______.
A. confidence or openness B. readiness or maturity C. social judgment or emotionality D. skills or traits
Lucia Company reported cost of goods sold for Year 1 and Year 2 as follows: Year 1 Year 2 Beginning inventory$120,000 $130,000 Cost of goods purchased 250,000 275,000 Cost of goods available for sale 370,000 405,000 Ending inventory 130,000 135,000 Cost of goods sold$240,000 $270,000 Lucia Company made two errors: 1) ending inventory at the end of Year 1 was understated by $15,000 and 2) ending inventory at the end of Year 2 was overstated by $6,000. Given this information, the correct cost of goods sold figure for Year 2 would be:
A. $264,000 B. $276,000 C. $249,000 D. $291,000 E. $285,000
Rational mental models that are characterized as broad cultural dimensions include:
a. Power distances b. Masculinity- femininity c. Individualism-collectivism d. Broad-narrow
Caveat emptor is a Latin term meaning "let the buyer beware."
Indicate whether the statement is true or false