When Netflix changed its business plan and started streaming content in response to a perceived opportunity gap, this was an example of ______ change.
a. reactive
b. proactive
c. incremental
d. discontinuous
b. proactive
You might also like to view...
Accrual accounting involves subjective judgments that can introduce measurement errors and uncertainty into reported earnings.
Answer the following statement true (T) or false (F)
Under which of the following conditions will an international organization move toward an integrated structure?
A) when it has a limited percentage of its total business in foreign countries B) when it has worldwide product diversity and a large-scale foreign business C) when it has low product diversity contributing a large portion of its foreign business D) when it has a limited number of product divisions in the foreign countries
Identify the smallest consumer segment
A) global dreamers B) global citizens C) antiglobals D) global agnostics
In the space below, state whether each situation is a deferral or an accrual. ______
a. Depreciation on machinery is $7,200 for the accounting period. ______ b. Interest that has been incurred on a loan but that has not yet been paid or recorded is $675. ______ c. Office supplies of $965 were on hand at the beginning of the period. Purchases of office supplies during the period totaled $640 . At the end of the period, $120 in office supplies remained. ______ d. Commissions amounting to $975 were earned but not yet collected by year end. ______ e. Prepaid Rent had a $2,500 balance prior to adjustment. By year end, 50 percent had expired. ______ f. Federal income taxes for the year were estimated to be $4,680.