Which of the following is NOT an approach companies take to keep innovation strong?

A. Using teams of writers to imagine detailed opportunities and threats for their companies, partners, and collaborators in future markets
B. Creating websites that act as literal marketplaces of ideas where innovators can go to look for help with scientific and business challenges
C. Talking to early adopters and looking for new things or wishing for something better to help in daily tasks at home and work
D. Restricting the degree to which people can follow their entrepreneurial passions


Answer: D

Business

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An incremental innovation ______.

A. increases the scope of an existing innovation B. increases its impact over the life of the product C. is an improvement to an existing product D. all of these

Business

Which of the following is NOT a benefit of form reports?

a. Increase clerical accuracy b. Save time for the preparer c. Make data tabulation easier d. Increase personalization

Business

When using the rule-of-thumb method for IMC budgeting, prior sales and communication activities are used for guidance.

Answer the following statement true (T) or false (F)

Business

LePage Corporation reported a beginning balance of $2,200 in its Prepaid Insurance account. During the year, a total of $17,000 was recognized as Insurance Expense and the Prepaid Insurance account had an ending balance of $1,800. How much cash did LePage pay for insurance during the year?

A. $17,400 B. $18,800 C. $16,600 D. $17,000

Business