Answer: Option B
Explanation: Its an approach used by business firms for gaining a competitive advantage in the market.
Under this approach the business introduces a unique and distinctive good or service into the markets. Thus uniqueness could be obtained from many of the factors such as low pricing, better after sales service or better designing etc.
In the given case, the company is providing customer satisfaction at the maximum level.
Thus, from the above we can conclude that the correct option is B .
Answer: (D) Competency
Explanation:
The competency is one of the capability that helps in demonstrating the various types of skill that helps in improving the efficiency of the performance.
It is refers to the set of functions which contain the various types of cognitive skill and the knowledge that performing critical functions. The behavioral and the function are the two main types of the competency.
According to the given question, the evergreen air center is one of the biggest parking system for the aircraft and based on the given scenario the evergreen's location is refers as competency.
Therefore, Option (D) is correct answer.
Answer:
$90,900
Explanation:
Cost of truck = $303,000
Expected millage = 114,000 miles
Residual value = 0
Millage cover in first year = 34,000 miles
Depreciation is the systematic allocation of cost to an asset based on usage.
The depreciation of this truck is based on the millage covered. Hence the depreciation to be recognized in the first year
= (34,000/114,000) × 303,000
= 0.30 × 303,000 (intermediate calculations rounded to two decimal places)
= $90,900 (to the nearest dollar)
Answer: A. Stability and change
Explanation:
The innovation paradox implies that consistency in products and services provokes a tension with the need for new products. This results in a conflict between
A) stability and change.
B) structure and culture.
C) rewards and metrics.
D) stability and metrics
The paralysis that occurs between sticking to existing products and services (stability) and the need for the development of new ones (change) is a direct effect of the innovation paradox which states that the more a firm pays attention to innovation, the less likely it will be to be successful at innovation. In other words, consistency in products and services provokes a tension with the need for new products. While stability enables change in that it supplies security and consistency, reserved knowledge and skills and enables commitment and the provision of resources for a better realization and actualization of change, change enables a firm to set up a new state of stability through variable mechanisms (innovation) This serves to assist an organization in reaching new stable stages with higher efficiency.