Butterfly Technologies produces touch-enabled wearable devices. Its research and development team recently became aware of a new, open-source technology produced by a firm overseas that would improve the processing speed and battery life of all Butterfly devices. In this scenario, Butterfly would be best served to embrace
A. closed innovation.
B. radical innovation.
C. disruptive innovation.
D. open innovation.
Answer: D
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A ________ existed when there was an honest attempt to comply with the mandatory provisions of the corporate statute, yet the attempt still failed in some material respect.
A. de facto corporation B. close corporation C. de jure corporation D. corporation by estoppel
Marketing channels create several types of utility including time, place, possession, and form.
Answer the following statement true (T) or false (F)
RedboxMovie DVD sales represent a $16 billion market, and rentals make up another $7.5 billion. Naturally, production studios would prefer consumers purchase DVDs rather than rent them. Production studios like Twentieth-Century Fox, Warner Bros, and General Electric refused to sell new releases to Redbox, a DVD vending machine company, until almost a month after new releases arrived in stores. Redbox, the ubiquitous DVD rental red kiosks found in- and outside of convenience stores, grocery stores, drugstores, fast-food restaurants, and Wal-Mart, is cutting in on production companies' profits. These studios are tangled in lawsuits with Redbox. Sony, Paramount, and Lionsgate, on the other hand, permit distribution through Redbox, and Disney allows third-party distribution to
Redbox. With more than 20,000 kiosks now in operation, Redbox ranks fifth in DVD rental revenues, which is impressive considering the rental fee is only $1.00. But Blockbuster is trying to steal vending market share by allowing NCR Corporation, known for ATM machines, to license its name to place Blockbuster Express kiosks in similar types of locations.Refer to Redbox. Video stores that distribute DVDs usually also sell popcorn, candy, soft drinks, and entertainment publications. Basically, they overcome discrepancies of quantity and assortment by combining products into collections or assortment that consumers want available in one place. Which channel function does this describe? A. logistical functions B. transactional functions C. facilitating functions D. purchasing functions E. secondary functions
A joint tenancy is one in which:
a. two or more persons have equal interests in the property with rights of joint survivorship b. two or more persons have equal interests in the property with no right of survivorship c. one person owns all the interests in the property, but two people will inherit equal shares when the current tenant dies d. one person owns all the interests in the property and has designated who will inherit it when the current tenant dies e. none of the other choices are correct