Crola, a cell phone manufacturing company, adds a new in-built feature to its cell phones. With the help of this feature, users can now recall messages that they may have accidentally sent to another person. To make use of this feature, the users need to go to the settings of the cell phone and make a few changes. The change made by Crola in its product is an example of a _____.

A. continuous innovation
B. disruptive innovation
C. dynamically continuous innovation
D. discontinuous innovation


Answer: C

Business

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The accumulated benefit obligation measures

a. the pension obligation on the basis of the plan formula applied to years of service to date and based on existing salary levels. b. an estimated total benefit at retirement and then computes the level cost that will be sufficient, together with interest expected to accumulate at the assumed rate, to provide the total benefits at retirement. c. the pension obligation on the basis of the plan formula applied to years of service to date and based on future salary levels. d. the shortest possible period for funding to maximize the tax deduction.

Business

Costs included in the Merchandise Inventory account can include all of the following except:

A. Transportation-in. B. Insurance. C. Invoice price minus any discount. D. Damaged inventory that cannot be sold. E. Storage.

Business

Indicate the plural form of the noun. memo

Business

If an audience member asks a question that you do not know the answer to, how should you respond?

a. Bluff your answer. b. Give an answer to a question that wasn’t asked. c. Say “no comment.” d. Say you will need to look into the answer.

Business