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2 years ago

One way the package software firm, intuit has approached the future and avoided disruptive innovation was to?

1 answer:

andrey2020 [161]2 years ago

3 0

The package software company, intuit, bought mint.com as one strategy for anticipating the future and avoiding disruptive innovation.

A disruptive innovation is one that makes products and services simpler and more accessible to underserved or untapped markets.

Traditionally, established businesses focus on refining their goods and services for their lucrative clientele, usually ignoring the requirements and preferences of undeveloped markets. This lack of focus allows smaller businesses or newcomers the opportunity to reach this disregarded group with easier, more accessible choices.

On the other side, sustaining innovation refers to the practice of inventing to improve current goods and services for the client base already present, either in response to consumer or market demands.

To know more about disruptive innovation.

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Ten reasons why we need to have laws for business's

Anika [276]

1. To define unacceptable behavior.
2. To provide certainty & stability.
3. To protect the public.
4. To provide mechanism for businesses to resolve disputes.
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6. To make better decisions.
7. To sue & be sued.
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4 years ago

Cullumber Company provides the following information about its defined benefit pension plan for the year 2017. Service cost $ 90

Llana [10]

Answer:

$102,080

Explanation:

Given that,

Service cost = $90,500

Interest rate = 9 %

Expected return on plan assets = $62,800

Prior service cost amortization = $10,300

Projected benefit obligation at January 1, 2017 = $712,900

Pension expense for the year 2017:

= Service cost + Interest cost - Expected return on plan assets + Prior service cost amortization

= $90,500 + ($712,900 × 9%) - $62,800 + $10,300

= $90,500 + $64,080 - $62,800 + $10,300

= $102,080

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3 years ago

Dr. weiss is a research scientist with a major pharmaceutical company. in his position he has great flexibility in determining h

chubhunter [2.5K]

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3 years ago

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Luda [366]

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3 years ago

You are examining an investment opportunity. It would require you to pay money today and then receive payments semi-annually fro

Lady_Fox [76]

Answer:

The semi annual rate is 4.88%

Explanation:

semi annual rate = [((1+r)^(1/n)) -1]

= [((1+10%)^(1/2)) -1]

= 4.88%

Therefore, the semi-annual rate (i.e. periodic return per six months) do you require (i.e. need to earn such that this implies 10% earned per year when you get to compound semi-annually) is 4.88%.

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3 years ago