Innovation and strategic entrepreneurship can only occur within new businesses.
Answer the following statement true (T) or false (F)
False
The fundamental question of strategic entrepreneurship, is how to combine entrepreneurial actions, creating new opportunities or exploiting existing ones with strategic actions taken in the pursuit of competitive advantage. This can take place within new ventures such as Tesla or within established firms such as Apple. Apple's continued innovation in mobile devices is an example of strategic entrepreneurship.
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Development costs related to computer software that is to be sold, leased, or otherwise marketed should be accounted for in which of the following ways?
A) ?All software development costs incurred between the establishment of technological feasibility and general release should be recorded as R&D expense. B) ?All software development costs incurred between the establishment of technological feasibility and general release should be capitalized. C) ?All software development costs should be capitalized until technological feasibility is established. D) All software development costs should be recorded in R&D expense until the product is available for general release to customers.
Lorraine works for a company that does not pay very well. She relies heavily on extra paychecks that her company gives out a couple of times a year. Lorraine relies on what type of pay?
A. merit B. profit sharing C. bonus pay D. gainsharing
What are the external circumstances that influence communication referred to?
A) Interaction model B) Feedback C) Semantic barriers D) Context E) Language barriers
U.S. GAAP specifies criteria for a capital lease. Which of the following is not one of the criteria?
a. The lease transfers ownership of the leased asset to the lessee at the end of the lease term. b. Transfer of ownership at the end of the lease term seems likely because the lessee has a bargain purchase option. c. The lease extends for at least 75% of the asset's expected useful life. d. The present value of the contractual minimum lease payments equals or exceeds 75% of the fair value of the asset at the time the lessee signs the lease using a discount rate appropriate for the creditworthiness of the lessee. e. The present value of the contractual minimum lease payments equals or exceeds 90% of the fair value of the asset at the time the lessee signs the lease using a discount rate appropriate for the creditworthiness of the lessee.