Most often, innovation in organizations takes place in
A. quality control stations
B. large departments.
C. established firms.
D. small groups or teams.
E. upper management.
Answer: D
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A person, other than a collecting bank or other intermediary, who negotiates a document of title for value:
A) warrants to her immediate purchaser that the document is genuine. B) warrants to all who later take the document that it is genuine. C) warrants that nothing impairs the document's validity or worth. D) makes no warranties.
The ________ can be filed by a partnership to give notice of the authority, or lack of authority, of certain partners.
A. statement of authority B. notice of partnership authority C. partnership articles D. statement of agreement
For a given level of sales, a low contribution margin ratio will produce more net operating income than a high contribution margin ratio.
Answer the following statement true (T) or false (F)
Which of the following is an example of an intangible asset?
a. reputation b. inventory c. plant facility d. machinery