Discontinuous innovation type of innovation in which new and useful products are created that change nearly everything, including how new problems are solved and buyer behavior.
What is Discontinuous innovation?Discontinuous innovations (also known as "radical," "GameChangerTM," or "disruptive") literally "alter the game" by disrupting existing industries or developing new ones. Successful discontinuous inventions result in large gains for the winners and large losses, perhaps bankruptcy, for the losers. A new product is introduced that is completely different from the prior one, resulting in a dramatic shift in consumption habits. Disposable sanitizing tissues, for example, to be used on the body instead of a shower or bath.
Consumers are presented to products that necessitate a shift in their current way of conduct. For example, Sony launched a new High Definition TV that would be incompatible with today's broadcasting standards, requiring you to seek out alternative television sources.
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While the texas governor's term in office used to be 2 years, it was changed to _____ years with a constitutional amendment adopted in _________.
While the Texas governor's term in office used to be 2 years, it was changed to 4 years with a constitutional amendment adopted in 1876.
What is a constitutional amendment?This is the type of changes that are made to the already existing constitution of a country by the law making body of that particular area. The constitutional amendment would have to do with amending the practices that used to be in play in the state at that time.
Before the amendment, the governor had the opportunity of being the number one citizen of the state for a period of two years. But after the amendment, it was changed to be a period of 4 years in the year 1876.
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Research on diversification in portfolio management generally indicates that the best approach is?
Research on diversification in portfolio management generally indicates that the best approach is probably related differentiation.
What is portfolio management ?A company's ability to capitalize on the success of its project selection and execution is ensured by portfolio management. To accomplish strategic goals, it alludes to the centralized management of one or more project portfolios. According to our research, portfolio management can help close the gap between plan and implementation.What Is Diversification in a Portfolio?Spreading your investments out will limit your exposure to any one form of asset. This approach is known as diversification. This routine is intended to gradually lessen the volatility of your portfolio.Learn more about portfolio management here:
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Caviler company determines that it cannot collect a total of $500 from a customer. Using the allowance method, the journal entry to write off the amount would be?
The journal entry to write off the amount would be,
Debit: Allowance for Bad Debts $300.
Credit: A/R $300.
Journal access is an act of keeping or making information of any transactions both economic or non-financial. Transactions are indexed in an accounting journal that indicates an organization's debit and credit score balances. The magazine entry can consist of numerous recordings, each of that's both a debit or a credit score.
A journal entry is a record of the commercial enterprise transactions within the accounting books of a commercial enterprise. A well-documented magazine entry consists of the suitable date, amounts to be debited and credited, an outline of the transaction, and a completely unique reference number.
A credit score entry is used to decrease the value of an asset or growth the value of a liability. In other phrases, any advantage-giving component or outgoing issue must be credited in books of money owed. The credits are entered on the proper side of the ledger debts.
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Which style of interaction might seem to be the only way for couples whose backgrounds are completely irreconcilable to survive?
The style of interaction might seem to be the only way for couples whose backgrounds are completely irreconcilable to survive is obliteration style.
Some couples will try the obliteration fashion. In this situation, each partner tries to erase or obliterate their authentic cultures and create a brand new “subculture” with new beliefs, values, and behaviors.
Style of interaction for an intercultural couple in which both companions try and erase their character cultures.
Culture is a prime component that transforms passionate love into romantic love. Cultural values and traditional behaviors affect the expressions and reports of love and transfer passionate love as primarily based on a sexual attraction into romantic love as an idealized and culturally affected manner of loving.
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Alberto determined one of the metrics he would use to gauge the level of exposure his marketing message had with his target market was the number of times the target was exposed to his message throughout the six weeks of the campaign, representing its.
Alberto determined one of the metrics he would use to gauge the level of exposure his marketing message had with his target market was the number of times the target was exposed to his message throughout the six weeks of the campaign, representing its "frequency" is represented by this.
What is the market frequency?The likelihood that a particular consumer will see an advertisement during a marketing campaign is known as frequency. A person is more likely to engage with the advertisement in a meaningful way and to interact with your business on a number of different levels if they are exposed to it more frequently.What is Marketing?Marketing describes the actions a business does to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing. Affiliates perform some marketing on behalf of a business.Learn more about market frequency here:
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A company uses 20,000 pounds of materials for which it paid $6. 00 a pound. the materials price variance was $15,000 unfavorable. what is the standard price per pound?
$7.75 is the standard price per pound.
Material price variance = (Actual quantity * Actual price) - (Actual quantity * Standard price)
$5,000 = (20,000 * $8) - (20,000 * Standard price)
$5,000 = $160,000 - (20,000 * Standard price)
(20,000 * Standard price) = $160,000 - $5,000
(20,000 * Standard price) = $155,000
Standard price = $155,000 / 20,000
= $7.75
Price is one of the basic economic categories. The standard price concept is most commonly defined as the monetary value of a commodity. Price performs the following interrelated functions. For finished goods, the cost is only manufacturing or procurement costs.
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Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and she can use 24 hours per day. what is the market rate of substitution between leisure and income?
Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and she can use 24 hours per day. The Market rate of substituion between leisure & income is $8 per day.
Because the budget line FE describes the opportunities available to a worker who has $100 of nonlabor income per week, faces a market wage rate of $10 per hour, and has 110 hours of nonsleeping time to allocate between work and leisure activities This means that the person will choose the level of goods and leisure that lead to the highest possible level of the utility index given the limitations imposed by the budget constraint.
Leisure is the time when you are free from work or other duties and can relax.
Limitations the act of controlling the size or extent of something the act of limiting something.
Budget is a spending plan based on income and expenses.
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If the principal told the agent to commit a tort or knew that the consequences of the agent’s carrying out his instructions would bring harm to someone, the principal is?
If the principal told the agent to commit a tort or knew the consequences of the agent’s carrying out his instructions would bring harm to someone, the principal is at fault and will be charged.
What is a commit a tort?Committing a tort means that the person has committed some sort of crime that can be assault, negligence, battery, damage to the property, or emotional distress.
As the agent might have committed the crime, he will not be the only one responsible for the crime, but the Principal will also be because he knowingly told him to commit the crime. Both of them will be considered criminals and will be brought to court for trial.
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The cross-price elasticity between gillette razors and a related good is -3. What happens to the demand for the related good if the price of gillette razors falls by 10 percent?
If the price of Gillette razors falls by 10 percent the demand for the related goods will rise by 34%.
Cross-price elasticity measures how sensitive the demand of a product is over a shift of a corresponding product charge. regularly, within the market, some goods can relate to one another. this can mean a product's price rise or decrease can definitely or negatively affect the other product's demand.
If the absolute value of the cross elasticity of demand is more than 1, the cross elasticity of demand is elastic, which means a change in fee of product A affects a greater than a proportionate exchange in quantity demanded of product B.
In economics, the cross elasticity of demand or cross-fee elasticity of demand measures the proportion of trade of the quantity demanded a product to the percentage of trade within the price of any other product, ceteris paribus.
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What is the expression for the value of a levered firm in the presence of corporate taxes?
The calculation of a leveraged company's worth in the context of corporate taxes
Value of Leveraged Firm = Value of Unlevered Firm + Tax Benefit of Debt.
What is Leveraged Firm ?Leveraged firm (plural: Leveraged firms) (UK, business, finance) a business that uses loans to finance its activities.
What is corporate tax ?A corporate tax, often known as a corporation tax or company tax, is a type of direct tax levied against the profits or assets of corporations or other similar types of legal entities. Such taxes are common in many nations, and they might even be imposed at the state or local levels.
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How does locker distinguish technical writing from business writing? Write a couple of sentences or so in your response to this question.
Technical writing typically used in technical and occupational fields like engineering, robotics.
Business writing is typically used in a professional setting like client proposals, reports, memos,
What is business writing used for?Every other type of writing, excluding journalism and creative writing, is done at work, including business writing.
A type of writing utilized in a professional setting is called business writing. It is a well-written work with a defined purpose that effectively, succinctly, and provides pertinent information to the reader.
What is the technical writing ?Technology, engineering, and science are the subjects of technical writing. Typical documents include release notes, specifications, manuals, data sheets, research papers, and field reports.
Any writing intended to explain intricate, specialized, and technical concepts to readers who may or may not be familiar with them is considered technical writing.
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An accountant who managed a company's finances stole money from the company to benefit herself. what type of crime is this an example of?
Yes, embezzlement is illegal since it involves a systematic, protracted theft of funds from the employer. It constitutes willful misbehavior.
The act of withholding assets from one or more people to whom the assets were committed in order to convert those funds, either to be held or to be utilized for certain objectives, is known as embezzlement. One sort of financial fraud is embezzlement.
The term "embezzlement" describes the covert removal of monies by a person in charge of managing and using those assets for corporate operations. An embezzler purposely mishandles business finances and assets for personal benefit by abusing the employers' trust.
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When clorox corporation, the manufacturer of bleach and bleach-based cleaning products, acquired kingsford charcoal and prime choice brand steak sauce, it was an example of _________.
When Clorox corporation, the manufacturer of bleach and bleach-based cleaning products, acquired Kingsford charcoal and prime choice brand steak sauce, it was an example of unrelated diversification.
What are unrelated diversification strategies?
A corporation pursuing expansion in product marketplaces when the primary success criteria are unrelated to one another is known as an unrelated-business-diversifier. Such a business, whether it be a holding company or a conglomerate, anticipates little to no functional talent transfer between its numerous subsidiaries.
What are the risks of unrelated diversification?
Diversification into unrelated industries has the additional drawback of possibly fostering divisional politics. For instance, there can be disputes about how to allocate the company's limited financial and other resources, with several divisions competing for control of them.
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Compared to a perfectly competitive firm, the demand curve facing a monopolistically competitive firm is.
The demand curve facing a monopolistically competitive firm is downward sloping.
The demand curve as faced via a monopolistic competitor is not flat, but as a substitute downward-sloping, meaning that the monopolistic competitor, like the monopoly, can improve its rate with out dropping all of its clients or lower its rate and advantage more customers.
The call for curve of a monopolistic aggressive market slopes downward. which means as rate decreases, the quantity demanded for that desirable will increase.
The call for curves faced by a monopoly and through a monopolistic competitor appearance similar—this is, they both slope down. however the underlying monetary that means of those perceived call for curves is specific, because a monopolist faces the market demand curve and a monopolistic competitor does no longer.
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A recurring customer has placed an order for loaves of bread of a specific size and color. the customer has received loaves of bread of a different size and color than that which was ordered. why?
A recurring customer has placed an order for loaves of bread of a specific size and color. The customer has received loaves of bread of a different size and color than that which was ordered. This happened because the staff did not listen or understand properly the order. This shows lack of management, responsibility and accountability in that shop or firm.
In this situation manager should take action to avoid these types of problem in future. As if this exits in the long term in the firm they can face huge loses, depreciate of the brand name, customer dissatisfaction, market instability and can make situation even worse to force them to close or wind up their firm or shop.
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Explain the purpose of making individuals aware of their underperformance clearly but sensitively.
The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.
What is underperformance?This occur when an individual is preforming below expected. Usually, there is task to accomplished at a particular time and if its is not done tp time and does not produce expected result then, it is said that the individual under performed.
An employee can underperformed also when the clearly set contract projection plan is low or when an employee do not perform the necessary duties of their role.
When an individual underperformed it can be brought to the notice of the person n a very calmly manner to avoid damage of emotions and self esteem.
Therefore, The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.
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What are the implications of using criteria, such as baldrige, in assessing organizational culture needs? explain
The implications of using criteria, such as baldrige, in assessing organizational culture needs to:
-Identify successes and opportunities of organization for improvement.
-Jump and start a new change initiative
-Energize the improvement initiatives
-Energize the workforce by motivating.
-Focus whole organization on common goals
-Assess the performance against the competition
-Align resources with some strategic objectives
Baldrige self-assessment helps organizations to assess whether they are developing and deploying a good, balanced and systematic approach for running the organization.
No matter the organization is large or small, and no matter your industry or sector, you can use the Baldrige Criteria to conduct a self-assessment of the organization.
It provides the best way to evaluate how well your organization is meeting its goals and objectives. Organizations use it to evaluate their processes and their impact on results.
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Suppose buyers of rackets and tennis balls regard the two goods as complements. then an increase in the price of rackets will cause a(n)?
Answer: decrease in demand for rackets and a decrease in quantity supplied of tennis balls. I hope this helps!!
Explanation:
Define financial distress and discuss the major reasons united was faced with financial distress/bankruptcy?
When a business or individual is in financial hardship, it means that they are unable to satisfy their financial responsibilities because they are not able to create enough vulnerable revenue or money. This is typically caused by high fixed expenditures, a high percentage of illiquid assets, or revenue sources that are susceptible to economic downturns.
Families are vulnerable to the destructive effects of economic hardship and financial turmoil. Many families lose their houses, automobiles, retirement accounts, valuables, money, health insurance, and other things during hard economic times. Families frequently struggle to satisfy their bare necessities. Financial difficulty occurs when an individual or organization's income or earnings are insufficient to cover its debts.
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What two types of account-contact relationships can you see in contacts to multiple accounts?
Direct Relationship and indirect relationship are the two types of account-multiple contact relationships.
The account relationship comprises the account that is sharing facts, the account this is accessing those records, and the kind of courting they have got.
Contacts to multiple bills lets you partner a unmarried contact to more than one debts through the Account contact relationship object. Your page format and field-degree security settings determine which fields are visible and editable.
Contacts are the usual dating for individuals who are underneath that Account. The 'associated Contacts' lists is a result of activating Contacts to more than one debts. this selection is used whilst contacts work at different corporations and gets rid of the need for duplicates.
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Analytical tool that has become useful to managed care firms and providers that are seeking to monitor and control their costs?
Cost analytical tool is useful to managed care firms and providers that are seeking to monitor and control their costs.
A cost analysis is executed on a large number of historic procurement facts and cutting-edge market values. This must no longer most effective consist of prices but technical records as well. Through capturing this know-how in a database it becomes globally available to all estimators
A cloud fee analysis tool is a software product designed to assist businesses to minimize the price of their online operations. The tool presents a precious perception of how an enterprise makes use of its cloud computing assets in preferred.
Analytical tools method the sources that offer for access to information for studies and assessment functions along with dashboards, a question builder, summaries of key pupil and employment outcomes, and a research library, including, however now not restrained to, the P20W records set.
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In the outpsider case, if cade tells the buyer, pat bennett, he has another offer of $550k, what should pat say?
pat should say I take that offer
What is offer?The operation of offer and acceptance is a conventional technique in contract law since they are usually recognized as necessary elements for the establishment of a contract. The offer and acceptance formula, which was created in the nineteenth century, indicates a formation moment when the parties are of one mind.
An offer is made when a person shows his readiness to do or refrain from doing something to another person and obtains their approval to do so. The individual who makes the offer is referred to as the "Offerer" or "Promiser," and the person to whom the offer is made is referred to as the "Offeree" or "Promisee."
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When is a firm a monopoly, or are monopolies only theoretical concepts that do not exist?
A firm is a monopoly when there is one producer or a manufacturer who produces products or services which has no substitute or competition in the market and customer buy that specific products or services from that manufacturer only. Sometimes monopoly companies has competitors and substitutes but they don't effect the company's profit at all.
Microsoft, Fac-ebook and Go-ogle are real life examples of monopoly. They enjoy monopoly in their respective goods or services which has little competition that does not effect their profits and market stability. Like these three there are many monopolies in the market which shows monopolies are not theoretical concept and they even exist.
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Martha paid sam $50 interest at 8or 30 days. how much did martha borrow? (use 360 days) multiple choice question. $7,500
Martha borrowed $ 33.20 from sam
Borrowed amount = P×R×T
= $50×8×0.083
= $33.2
What Is Simple Interest?
Simple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.
What is simple interest and example?
Simple Interest (S.I.) is the method of calculating the interest amount for a particular principal amount of money at some rate of interest. For example, when a person takes a loan of Rs. 5000, at a rate of 10 p.a. for two years, the person's interest for two years will be S.I. on the borrowed money.
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What is the effect on the quantity of video games demanded if overall consumer income increases?
The quantity of video games increases if overall consumer income increases.
What is consumer income?Consumer income is the money that a consumer makes from employment or investment, such as dividends paid to shareholders by corporations and gains realized on the sale of an item, such as a house. When various income streams are added together, the result is known as aggregate income.When real consumer income rises, customers will purchase a higher quantity of regular economic items. In consumer choice theory, the income effect and substitution effect are related economic concepts. If a consumer's income rises and the company sells standard goods, the company's revenue will rise.As it is given in the description itself, when real consumer income rises, customers will purchase a higher quantity of regular economic items.
Therefore, the quantity of video games increases if overall consumer income increases.
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In alan blinder's major study of business practices, what proportion of companies reported economies of scale (falling unit costs)?
41% of companies reported economies of scale (falling unit costs).
Economies is an international, scholarly, peer-reviewed, open-get entry to the journal of improvement economics and macroeconomics, posted monthly online by means of MDPI. Open get right of entry to lose for readers, with article processing costs (APC) paid by authors or their establishments.
An economic system is an area of manufacturing, distribution, and trade, in addition to the intake of products and offerings. In popular, it's miles described as a social area that emphasize the practices, discourses, and cloth expressions associated with the manufacturing, use, and control of scarce assets.
Economies of scale discuss the decreasing of per unit costs as a company grows larger. Examples of economies of scale include improved shopping energy, network economies, technical, monetary, and infrastructural. whilst a company grows too massive, it could be afflicted by the other – diseconomies of scale.
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Capitalism is a system that may be seen as the economic equivalent of?
Capitalism is a system that may be seen as the economic equivalent of classical liberalism. Which of these philosophers had the greatest impact on Founding Fathers John Locke
Capitalism, also known as the free market economy or free enterprise economy, has been the dominant economic system in the Western world since the fall of feudalism, in which most means of production are privately owned, production is directed, and income is primarily distributed through the functioning of the market
Capitalism often involves private actors owning and managing property according to their own interests, with demand and supply freely priced in the market to serve the best interests of society It comes to be regarded as an economic system. An essential feature of capitalism is the motive for making profits.
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When lcd televisions first came on the market, they sold for at least $1,000, and some for much more. now many units can be purchased for under $400. these facts imply that:________
These findings suggest that the LCD television market is a cost decreasing industry.
A cost decreasing industry with declining costs is one in which the price of a good decreases as production rises. A long-run supply curve with a falling slope is the term used to describe the phenomena. This is a result of an industry's expansion, which often leads to an increase in competitors, a decrease in demand, and a decrease in the perceived value of the product. Depending on the nature of the business, a company's decrease due to reduced costs may occur naturally or may be the result of other factors. Competition is one of the most common reasons for cost decreasing industry. When the market for a product expands, competitors will typically step in to meet increased demand.
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How should factory overhead variances be treated in a journal entry to apply factory overhead?
Factory overhead variances should be broken out into their individual components and reported separately as either debits or credits to their individual variance accounts should factory overhead variances be treated in a journal entry to apply factory overhead
Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to the creditworthiness or credit history of an individual or entity. In accounting, loans can reduce assets or increase liabilities, and can reduce expenses or increase income.
One credit is equivalent to a 30-second voice message. A voice message can be recorded for up to 120 seconds. The longer the voice message, the more credit you will get for shipping per phone number. 1-30 seconds = 1 credit per phone number.
An example of credit is a celebration for graduating from medical school while working two jobs. Examples of loans are amounts that are available in a bank account or credited to a checking account. An example of credits is the number of English courses required for a degree.
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Increases in equity that result from providing products or services to customers are called:______.
Increases in equity that result from providing products or services to customers are called revenue.
What is revenue?In accounting, revenue can be regarded as the total amount of income that is been generated by the sale of goods as well as services by the company.
This is been related to the primary operations of the business, it should be noted that Commercial revenue serves as the sales or as turnover by the company , however, Some companies receive revenue from interest, hence , Increases in equity that result from providing products or services to customers are called revenue.
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