The introduction of consumer VCRs in the late 1970s initiated a revolutionized in-home electronic entertainment. For example, assuming the user could learn to set the timer, he or she could tape programs to watch at a later time

The VCR's popularity also gave rise to an entirely new retailing concept, the video rental store. What type of innovation did the consumer VCR represent?
A) a continuous innovation
B) a dynamically continuous innovation
C) a discontinuous innovation
D) a comparative innovation
E) none of the above


C

Business

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A) central idea B) preview of main points C) need for information D) attention getter

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Use "you" statements to foster understanding and cooperation with customers.

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

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The direct labor rate standard is either set by a labor contract or defined by the company

Indicate whether the statement is true or false

Business

According to the basic capital structure theory proposed by Modigliani and Miller (MM), when will a firm's value be maximum??

A. ?When it is financed entirely through equity B. ?When it is financed 50 percent through debt and 50 percent through equity C. ?When it is financed entirely through its retained earnings D. ?When it is financed 100% through debt E. ?When it is financed 50 percent through equity and 50 percent through its profits

Business