Quantum product innovation results in improvements and refinements of products over time as existing technologies are perfected and managers gain experience performing value chain activities.
Answer the following statement true (T) or false (F)
False
Quantum product innovation results in the development of new, often radically different, kinds of goods and services because of fundamental shifts in technology brought about by pioneering discoveries. Incremental product innovation results in gradual improvements and refinements of existing products that occur over time as existing technologies are perfected.
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List some tools and techniques that can be used to stimulate two-way communication between managers and employees.
What will be an ideal response?
Your interaction with others is facilitated when you understand what three areas of persuasion? ______, ______, and ______.
Fill in the blank(s) with the appropriate word(s).
Masterpiece Sales Company offers warranties on all their electronic goods. Warranty expense is estimated at 3% of sales revenue. In 2019, the company had $603,000 in sales. In the same year, Masterpiece Sales replaced defective goods with goods that had a cost of $16,500. Which of the following is the entry needed to record the replacement of the defective goods?
_____ are expense items that do not become part of a final product
a. Installations b. Supplies c. Component parts d. Business services