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:
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As prepaid rent is used, the asset becomes a liability.
Liability because it becomes the responsibility of someone who uses the prepaid. Since the prepaid rent was used, it needs money to be able to pay them. It becomes the responsibility for someone to be able to use his money to pay the prepaid rent that was used.
Answer:
The net income is $59,000
Explanation:
Please refer to the attached file for calculation.
Answer:
Two ways I would improve productivity would be to increase labor and create incentives. By increasing labor, you'd have more opportunities to keep people at a specified area that they are competent in. If you were to create positive incentives for the workforce, people are more likely to work harder and increase the company's productivity.
Explanation:
Answer:
B. Bolivar is prohibited from listening to the phone calls as long as he wants, and only limited exceptions exist for the monitoring of calls.
Explanation:
Bolivar is clearly breaching the privacy of Phyllis and as such it is imperative that Bolivar is prohibited from listening to phone call as long as he wants and and that also, only some certain calls that are exempted can be listed to by Bolivar.
This means that should Bolivar be caught listening to private conversation he can be sued.
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