Every few months, a farm-to-table bistro increases the variety of its menu by taking advantage of new and novel produce offered by local farmers. This is an example of
A. incremental product innovation.
B. incremental process innovation.
C. flexible manufacturing.
D. quantum process innovation.
E. quantum product innovation.
Answer: A
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Which of the following is NOT a project constraint?
A) The budget B) The customer requirements C) The schedule D) The technical specifications
Grey rents an apartment to Hugh, who retains possession of the apartment after the lease expires without making any payments of rent. This is A) a periodic tenancy
B) a tenancy at sufferance. C) a tenancy at will. D) a fixed-term tenancy.
Technological advances allow a firm's earnings to grow over time because they increase the productivity of:
a. labor. b. capital. c. both labor and capital.
The two major spontaneous liabilities that provide sources of short-term financing are ________.
A) a line of credit and notes payable B) accounts payable and accruals C) a line of credit and term loans D) accounts receivable and notes payable