DigitalHealth Electronics Inc. is a company that builds diagnostic devices. It was the first company to develop a compact MRI scanner by reconfiguring the components of the MRI technology. This smaller and user-friendly version of the huge MRI scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. Which of the following types of innovations does this scenario best illustrate?
A. architectural innovation
B. radical innovation
C. disruptive innovation
D. incremental innovation
Answer: A
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Some biases pertain to the framing of negotiations, such as the effects of positive and negative frames on how negotiators deal with risk. When these frames are mismatched, ________ is a potentially effective remedy.
Fill in the blank(s) with the appropriate word(s).
Congress passed the ________ to address the problem of a party using a name similar to or close to, but not exactly identical to, a holder's trademark name and who either sells other goods or services than the trademark holder sells, or misuses the name.
A. Federal Trademark Dilution Act B. Lanham Act C. Telecommunication Act D. Economic Espionage Act
On September 12, Vander Company sold merchandise in the amount of $5,800 to Jepson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Vander uses the periodic inventory system and the gross method of accounting for sales. The journal entry or entries that Vander will make on September 12 is:
A.
| Accounts receivable | 4,000 | |
| Sales | 4,000 |
B.
| Accounts receivable | 5,800 | |
| Sales | 5,800 | |
| Cost of goods sold | 4,000 | |
| Merchandise Inventory | 4,000 |
C.
| Sales | 5,800 | |
| Accounts receivable | 5,800 | |
| Cost of goods sold | 4,000 | |
| Merchandise Inventory | 4,000 |
D.
| Accounts receivable | 5,800 | |
| Sales | 5,800 |
E.
| Sales | 5,800 | |
| Accounts receivable | 5,800 |
The guided missile culture is characterized by ________.
A. a formal hierarchy B. a paternal relationship with management C. personal orientation D. individual expertise