What are new venture groups? What purpose do they serve? Are they more than a typical R&D department? Explain.
What will be an ideal response?
Corporations often form new venture groups (NVGs) whose goal is to identify, evaluate, and cultivate venture opportunities. These groups typically function as semiautonomous units with little formal structure. The NVG may simply be a committee that reports to the president on potential new ventures. Or it may be organized as a corporate division with its own staff and budget. The aims of the NVG may be open-ended in terms of what ventures it may consider. Alternatively, some corporations use an NVG to promote concentrated effort on a specific problem. In both cases, NVGs usually have a substantial amount of freedom to take risks and a supply of resources to do it with. New venture groups usually have a larger mandate than a typical R&D department. Their involvement extends beyond innovation and experimentation to coordinating with other corporate divisions, identifying potential venture partners, gathering resources, and actually launching the venture.
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The Yeoman Trust has generated several Federal income tax credits for this tax year. Which taxpayer(s), if any, can use these credits in computing a Federal income tax liability? (e.g., the grantor, the trust, its income beneficiaries, its remainder beneficiaries) Answer for estates, simple trusts, and complex trusts.
What will be an ideal response?
The civil rights movement has fostered a continued striving for fairness toward all population groups in the workplace, including people with ______.
a. biracial heritage *b. disabilities c. HIV status d. migrant status
Ms. Rich has just bought a new $30,000 car. As a reasonably safe driver, she believes that there is only a 5% chance of being in an accident in the forthcoming year. If she is involved in an accident, the damage to her new car depends on the severity of the accident. The probability distribution for the range of possible accidents and the corresponding damage amounts (in dollars) are shown in the table below. Ms. Rich is trying to decide whether she is willing to pay $170 each year for collision insurance with a $300 deductible. Note that with this type of insurance, she pays the first $300 in damages if she causes an accident, and the insurance company pays the remainder.
Distribution of Accident Types and Corresponding Damage Amounts Type of AccidentConditional ProbabilityDamage to Car Minor0.60 $200 Moderate0.20 $1,000 Serious0.10 $4,000 Catastrophic0.10 $30,000 Why is there a kink in the line for the "Buy Insurance" line in the above strategy region chart? What will be an ideal response?
Lisa Campos was interested in buying a coffee pot to use at college and also a digital assistant as a birthday present for her sister. At the local store, Lisa compared prices on coffee pots and chose the cheapest. She then read product information on each digital assistant and finally chose one from Amazon because it had the most features. For Lisa,
A. the coffee pot was an impulse product, but the digital assistant was a convenience product. B. the coffee pot was a convenience product, but the digital assistant was a specialty product. C. the coffee pot was a homogeneous shopping product, but the digital assistant was a heterogeneous shopping product. D. the coffee pot was a heterogeneous shopping product, but the digital assistant was a staple. E. the coffee pot was a specialty product, but the digital assistant was a heterogeneous shopping product.