When we refer to "democratizing" of innovation, we mean that:

A) the new product development teams should report directly to the top management.
B) the new product development teams should be treated like startup companies.
C) customers can be treated as the best source of new-product ideas.
D) the product development cycle should be minimized.


C

Business

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An employee earned $42,300 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up to $128,400 maximum per year and the rate for FICA Medicare 1.45%. The employer's total FICA payroll tax for this employee is: 

A. $3235.95. B. $613.35. C. $6471.90. D. $2622.60. E. $0, since the FICA tax is only deducted from an employee's pay.

Business

Diversity Enlargement refers to:

a. Recognizing the potential difficulties introduced by bringing together individuals from diverse backgrounds and cultures in the workplace. b. Increasing the representation of individuals of different ethnic and cultural background in the organization. c. Identifying obstacles that limit the progress of employees from diverse backgrounds and that block collaboration among groups in the organization. d. A comprehensive framework for HR diversity management, focused on diversity management “as a means for achieving organizational ends, not as an end itself.”

Business

Unfair methods of competition are illegal under the FTC Act

a. True b. False Indicate whether the statement is true or false

Business

Which of the following is not a measure of variability?

a. Variance b. Interquartile range c. Mean absolute deviation d. Mode

Business