Answer the following statement(s) true (T) or false (F)
A product does not have to be patented in order to be introduced into the marketplace.
ANSWER: True
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The idea that the work process should be under the control of workers with the relevant knowledge, rather than that of managers, who should act as facilitators, was developed by
A. Lillian Gilbreth. B. Mary Parker Follet. C. Max Weber. D. Hugo Munsterberg. E. Elton Mayo.
On December 1, 2015, Sons, Inc borrowed money at the bank by signing a 90-day non-interest-bearing note for $40,000 that was discounted at 12%. Which of the following entries is not correct?
A) December 31, 2015?Interest Expense 400Discount on Note Payable 400? B) Feb. 1, 2016?Interest Expense 800Discount on Note Payable 800? C) December 31, 2015?Discount on Note Payable 400Interest Expense 400? D) December 1, 2015?Cash 38,800Discount on Note Payable 1,200Note Payable 40,000
An organization that offers male and female employees travel allowances, fuel reimbursements, and employs both local and interstate people can be said to be accounting for diversity.
a. Financial b. Geographic c. Gender d. All of the above
Consider, first and foremost, ______________ to guide your innovation.
a. the cost of entering the market b. customer needs frustrations c. competitors’ current industry position d. adjacent markets