Most established companies focus on ________ innovation when they aim to enter new markets by tweaking existing products, or they want to stay one step ahead in the market by using variations on a core product

A) incremental
B) continuous
C) spontaneous
D) radical
E) competitive


A

Business

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During an engagement to review the financial statements of a nonpublic entity, an accountant becomes aware of a material departure from GAAP. If the accountant decides to modify the standard review report because management will not revise the financial statements, the accountant should:

A. disclose the departure from GAAP in a separate paragraph of the report. B. issue an adverse or an "except for" qualified opinion, depending on materiality. C. express negative assurance on the accounting principles that do not conform with GAAP. D. express positive assurance on the accounting principles that conform with GAAP.

Business

The marketing concept is a customer-centered, sense-and-respond philosophy

Indicate whether the statement is true or false

Business

Because direct costs are assumed to be developed from normal methods and in a normal amount of time, any reduction in activity time should ________ the cost of the activity.

Fill in the blank(s) with the appropriate word(s).

Business

The number of variations available in packaging are the least during the mature stage of a

products lifecycle. Indicate whether the statement is true or false

Business