The Kraft Heinz Company makes MiO Drops. This is an example of a high-tech source of innovation.
Answer the following statement true (T) or false (F)
False
Innovation involves introducing or changing to something new, but technology is not the only source of innovations. There can be innovations in human resources, firm infrastructure, marketing, service, or many other value-adding areas that have little to do with anything high-tech. Although the MiO product is a relatively incremental innovation, with it, Kraft Heinz created an entirely new beverage category, liquid water enhancers.
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Which of the following is/are not a shortcoming of the direct write-off method?
a. It provides firms with an opportunity to manage earnings each period by deciding when particular customers' accounts become uncollectible. b. It does not usually recognize the loss from uncollectible accounts in the period in which the sale occurs and the firm recognizes revenue. c. The amount of accounts receivable on the balance sheet does not reflect the amount a firm expects to collect in cash. d. It is the method required for income tax reporting in the United States. e. none of the above.
How can a firm utilize inventory performance measures to monitor and improve performance?
What will be an ideal response?
NAFTA tariff rates apply to:
a. goods wholly produced in North America. b. goods purchased in North America. c. goods that originated outside of North America, but then underwent a substantial transformation in North America. d. All of the above
Leading firms have an average cash-to-cash cycle time of approximately _______ days.
a. 15 b. 30 c. 60 d. 90