what Major themes that can be addressed in lectures or class discussions
What will be an ideal response?
? Innovation process characteristics (incremental, radical etc.)
? Innovation drivers (demand; curiosity etc.)
? Innovation as a driver of distinctiveness, growth and diversification possibilities.
? Innovation commitment: what percentage of sales revenue to reinvest in R&D?
? The role of market research in product/service innovation strategies
? The wisdom (or not) of technological innovation as a basis for diversification
? Sustaining innovativeness in a large, bureaucratic enterprise
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People who know and communicate with a great number of other people are called ________
A) buzzers B) connectors C) informants D) stickers E) bridges
The application of Six Sigma is least likely to be appropriate for ______.
a. manufacturing b. services c. supply chain d. creative works like painting
Answer the following statement(s) true (T) or false (F)
8. In general, it is not a good idea to use visuals in a business plan. 9. All experts agree that writing a formal business plan is necessary for the success of a startup. 10. Planning is the same as a plan. 11. A Vivid Vision should always be presented as a written document rather than a gallery sketch, a photo montage, or a video. 12. According to the text, you won’t be able to decide whether a business idea is viable until you have talked to at least 50 potential customers. 13. According to the text, a business plan must be thought of as a work in progress because nothing goes according to plan.
A business hired a repair service to overhaul its plumbing system. The repair service began work on September 15 and intends to complete it on October 15. The business will pay the repair service $4,000 when the work is completed
As of September 30, the work was 50% complete. Provide the adjusting entry to accrue repair expense by the end of September. (Ignore explanation). What will be an ideal response