A(n) _____ change involves introducing a practice that is new to the industry, such as using drones (rather than delivery trucks) to deliver products to customers.
A. revolutionary
B. adaptive
C. radically innovative
D. reactive
E. innovative
C. radically innovative
Radically innovative change involves introducing a practice that is new to the industry.
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Indicate whether the statement is true or false.
The Japanese term Shitsuke is associated with which of the (English) Five-S’s?
a. Sort b. Self-discipline c. Sweep d. Standardize
______________________________ data is a repository of all unpaid vendor invoices.
Fill in the blank(s) with the appropriate word(s).
Dilly Farm Supply is located in a small town in the rural west. Data regarding the store's operations follow:•Sales are budgeted at $290,000 for November, $310,000 for December, and $210,000 for January. •Collections are expected to be 65% in the month of sale and 35% in the month following the sale. •The cost of goods sold is 80% of sales. •The company desires to have an ending merchandise inventory at the end of each month equal to 70% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase. •Other monthly expenses to be paid in cash are $21,100. •Monthly depreciation is $21,000. •Ignore taxes. Balance SheetOctober 31Assets Cash$25,000Accounts receivable 77,000Merchandise inventory 162,400Property, plant
and equipment, net of $624,000 accumulated depreciation 1,026,000Total assets$1,290,400 Liabilities and Stockholders' Equity Accounts payable$239,000Common stock 740,000Retained earnings 311,400Total liabilities and stockholders' equity$1,290,400?The cash balance at the end of December would be: A. $38,300 B. $57,900 C. $25,000 D. $69,100