The balanced scorecard perspective that focuses on using a firm's intellectual capital to adapt to the needs of the market through product or service innovations is the:

a. learning and growth perspective
b. internal business perspective
c. customer value perspective
d. financial perspective


A

Business

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Which of the following statements is true?

a. Only the effects of internal transactions must be recognized and recorded in the entity's accounting system. b. An internal event is a transaction between an entity and its environment. c. Not all recognizable events are supported by a standard source document. d. Only the effects of external events must be recognized, measured, and recorded in an entity's accounting system.

Business

________ price refers to what the consumers feel the product should cost

A) Fair B) Typical C) Usual discounted D) List E) Maximum retail

Business

eBay’s transformation of e-commerce and online auctions and Amazon enabling the purchase of books online are examples of ______.

A. product innovation B. process innovation C. innovation in materials D. innovation in equipment manufacture

Business

The collection period is affected by _____

a. inventory turnover b. whether domestic or imported merchandise is sold c. vendor terms d. normal selling terms to consumers

Business