In contrast to the experiential approach to innovation, the compression approach to innovation
a. aims at creating a new dominant design.
b. is used during periods of discontinuous change.
c. assumes that the key to fast product innovation is to use intuition.
d. manages innovation in more certain environments.
Answer: d. manages innovation in more certain environments.
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Fill in the blank with correct word.
On January 1 of the current year, Beverly borrows $100,000 from her employer, Happy Hills Nursing Home. Beverly uses this loan to pay off credit cards and consumer loans. Happy Hills considers Beverly to be a loyal employee and allows her up to 5 years to repay the loan. Beverly is not a shareholder or officer in Happy Hills. Happy Hills does not charge any interest on the loan. Both Happy Hills and Beverly are on a December 31 fiscal year end. What is the income tax issue for Happy Hills? You do not need to do any calculations.
What will be an ideal response?
The interest rates on U.S. dollar–denominated bank accounts in Mexican banks are often higher than the interest rates on bank accounts in the United States. Can you explain this phenomenon?
What will be an ideal response?
A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold 380,000Sales revenue$2,736,000Variable manufacturing expense$1,349,000Fixed manufacturing expense$336,000Variable selling and administrative expense$399,000Fixed selling and administrative expense$372,000Net operating income$280,000The company's contribution margin ratio is closest to:
A. 71.1% B. 36.1% C. 63.9% D. 28.9%