What were the insights drawn from Andy Van de Ven and his colleague’s (1999) Minnesota Innovation Research Program?
a. Innovation is not a stage by stage, linear, clear cut process of trial and error occurring in a stable environment
b. Management and innovation is an oxymoron
c. Innovation happens in spite of management, not because of management
d. All of the above
d. All of the above
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Using a consultative customer-oriented sales approach leads to lower firm profitability and loss of customer base.
Answer the following statement true (T) or false (F)
In which decade did the number of failures (of commercial banks and thrifts) per year average more than 100?
A. 1930s B. 1960s C. 1980s D. 1950s
Craig's sales manager has just told the group that all sales in the month of September will earn an extra 5% commission. The team gets right to work, being motivated by a(n)
A. intrinsic reward. B. physiological need. C. high need for power. D. extrinsic reward. E. hygiene factor.
Johnnycake Restaurant uses a periodic inventory system and the gross method of accounting for purchases. Prepare general journal entries to record the following transactions for Johnnycake: Aug. 10Johnnycake purchased merchandise on credit from Foster Foods for $9,000, terms 2/10, n/30, FOB destination. Transportation costs of $350 were paid by Foster. 12Johnnycake returned $600 of merchandise from the August 10 purchase. 19Johnnycake paid Foster for the August 10 purchase.
What will be an ideal response?