Which of the following most accurately describes a difference between incremental innovation and radical innovation?
A. Incremental innovation researches new materials; radical innovation researches new processes.
B. Incremental innovation targets new markets and technologies; radical innovation reinvents markets and technologies.
C. Incremental innovation draws on novel methods; radical innovation draws on proven methods.
D. Incremental innovation builds on an established knowledge base; radical innovation uses an entirely different knowledge base.
Answer: D
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This question contains two parts; be sure to answer both. First, describe the relationship between the amount of conflict in a department or organization and that department or organization's performance. At what level of conflict is performance maximized? Second, suppose that you are the manager of a store that sells medical supplies for the handicapped or infirm. You see three major sources of conflict at the store: (1) many of the staff members who work the front desk do not like one another, (2) those who stock the shelves and work with the customers are resentful that they are not paid more, and (3) all employees are required to work nights and weekends, which cuts into their family and personal time. Explain how you would manage each source of conflict.
What will be an ideal response?
Harrod Company paid $6500 for a 4-month insurance premium in advance on November 1, with coverage beginning on that date. The balance in the prepaid insurance account before adjustment at the end of the year is $6500, and no adjustments had been made previously. The adjusting entry required on December 31 is:
A. Debit Prepaid Insurance, $3250; credit Insurance Expense, $3250. B. Debit Insurance Expense, $3250; credit Prepaid Insurance, $3250. C. Debit Insurance Expense, $1625; credit Prepaid Insurance, $1625. D. Debit Prepaid Insurance, $1625; credit Insurance Expense, $1625. E. Debit Cash, $6500; Credit Prepaid Insurance, $6500.
Compare the rank order scaling technique to the paired comparison scaling technique
What will be an ideal response?
ISO 9001 standard is intentionally _________ so that it can be applied to any given organization, public or private.
a) comprehensive b) variable c) generic d) process-specific