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Inessa [10]
2 years ago
10

Ge is disrupting itself by using reverse innovation to create low-cost health care diagnostic products in emerging markets. all

of the following
are true about this strategy except:______.
a. ge is creating a new industry
b. ge converted internal inventions into market innovations
c. ge is disrupting itself in order to stay innovative
d. ge used emerging markets to invade from the "bottom up"
e. ge is utilizing reverse innovation in order to protect itself from rivals
Business
1 answer:
umka2103 [35]2 years ago
8 0

ge is utilizing reverse innovation in order to protect itself from rivals.

<h3>What is  reverse innovation?</h3>

Reverse innovation or trickle-up innovation An innovation is one that is first noticed or used in the developing world before moving to the industrialised world. Dartmouth academicians Vijay Govindarajan and Chris Trimble, as well as General Electric's Jeffrey R. Immelt, popularised the term.

Reverse innovation is the process by which goods developed as low-cost prototypes to satisfy the needs of developing countries, such as battery-powered medical tools in countries with poor infrastructure, are repackaged as low-cost novel goods for Western purchasers.

The approach of innovating in emerging (or developing) markets and then distributing/marketing these inventions in mature ones is known as reverse innovation. Many businesses are creating items in rising markets such as China and India and then distributing them abroad.

To know more about  reverse innovation follow the link:

brainly.com/question/14085977

#SPJ4

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Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is drive
8090 [49]

Answer:

1.- To estimate the variable and fixed cost elements of the annual cost operation using the high-low method.

2. To express the variable and fixed costs in the form.

3.- To find the total cost to be incurred if a trock were driven 80,000 km during the year.

Explanation:

1.- Computation of the variable and fixed cost elements of the annual cost of the trock operation using the high-low method: the average cost when the truck is driven for 105.000 km is 11.4 cents and it is $13.4 cents when 70,000 km are there.  So, the fixed cost is $4,200.2 Cost formula for total cost using the high-low method:  The variable and vixed cost in the form is 3: the total cost to be incurred if a truck were driven 80,000 km during the year: $10,120

5 0
3 years ago
Mama Fran's Bakery makes a variety of home-style cookies for upscale restaurants in the Atlanta metropolitan area. The company's
Usimov [2.4K]

Answer:

Standard cost per pound= $34.21

Explanation:

The standard cost is the sum of direct material, direct labor, and total overhead. We will calculate each separate.

Direct material:

10 ounces cookie mix for $0.80= $8

5 ounces of milk chocolate for $4= $20

1 ounce of almonds for $12 the pound= $0.75

1 pound= 16 ounces

1 ounce= 0.0625*$12= $0.75

Direct labor:

1 minute in the mixing department

2 minutes in the baking department.

Mixing= $14.40* (1/60)= $0.24

Baking= $18*(2/60)= $0.6

Overhead:

Variable overhead is applied at a rate of $32.40 per DLH

Fixed overhead is applied at a rate of $60.00 per DLH.

Variable= 32.40 * (3/60)= $1.62

Fixed= 60* (3/60)= $3

Standard cost per pound= (8 + 20 + 0.75) + (0.24 + 0.6) + (1.62 + 3)= $34.21

4 0
4 years ago
Which of the following is not a component included in a standard business plan?
Nimfa-mama [501]

A standard business plan will not include an employee summary.

All of the other options are always included in a business plan to assess the feasibility of the venture.

5 0
3 years ago
Read 2 more answers
Feline Watch Company makes wrist watches out of silver metal sheets. Five hours of labor are needed to make each watch. Factory
Klio2033 [76]

Answer:

Total budget overhead cost = $15,000

Explanation:

Given:

Each watch take time = 5 hour

Variable cost = $4 per hour

Fixed overhead cost = $5,000 per month

Total number of watches = 500

Find:

budget in overhead costs

Computation:

Total variable cost = Total number of watches × Each watch take time × Variable cost  

Total variable cost = 500 × 5 × $4

Total variable cost = $10,000

Total budget overhead cost = Total variable cost + Fixed overhead cost

Total budget overhead cost = $10,000 + $5,000

Total budget overhead cost = $15,000

7 0
4 years ago
Philadelphia Company has the following information for March:
Liula [17]

Answer:

a. Manufacturing margin                                  $

Sales                                                                450,000

Less: Fixed manufacturing cost                    <u> 70,000</u>

Manufacturing margin                                    <u>380,000</u>

b, Contribution margin                                      $

Sales                                                                 450,000

Less: variable costs:

Variable cost of goods sold                             240,000

Variable selling and administrative expenses <u>52,000</u>

Contribution margin                                         <u> 158,000</u>

c. Income from operations                                    $

Contribution margin                                            158,000

Less: Fixed manufacturing cost                          70,000

Fixed selling and administrative expenses         <u>35,000</u>

Income from operations                                      <u>  53,000</u>

<u />

Explanation:

Manufacturing margin is the excess of sales over fixed manufacturing cost.

Contribution margin is the excess of sales over total variable costs.

Income from operation is the excess of contribution margin over total fixed costs.

4 0
3 years ago
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