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Annette [7]
1 year ago
11

even though an open innovation model enables the firm to take advantage of external innovation conducted by other firms, it does

not mean that the firm can decrease its r&d own effort.
Business
1 answer:
irina1246 [14]1 year ago
7 0

False, the open innovation strategy enables the company to avoid utilizing external innovation carried out by other businesses.

<h3>What is Open innovation model?</h3>

Open innovation refers to the process of companies and organizations obtaining ideas from both internal and external sources. Sharing information about issues and appealing to those outside the company for advice and solutions entails this. Open innovation is the process of "increasing the markets for the external application of invention while accelerating internal innovation through deliberate inflows and outflows of knowledge."

You may take internally developed ideas or initiatives that don't fit with your primary business model and develop them outside by creating an open innovation network. This could provide additional revenue sources without affecting your main line of business.

To know more about Open innovation model, visit:

brainly.com/question/15231173

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You might be interested in
Inspection costs at one of Ratulowski Corporation's factories are listed below: Units Produced Inspection Costs April 906 $ 16,3
-Dominant- [34]

Answer:

$7,816.9943

Explanation:

Using the high-low method;variable cost per unit=[Total cost at highest level-Total cost at lowest level]/(Highest level-Lowest level)

= $16,700 - $15,850 / 951 - 860

= $850 / 91

= $9.340659340659341

= $9.3407

Hence, total fixed cost = $16,700 - ($9.3407*951) = $16,700 - $8,883.0057 = $7,816.9943

7 0
3 years ago
Leesburg sold a machine for $2,200 on november 10th of the current year. the machine was purchased for $2,600. leesburg had take
taurus [48]
The original price of the machine is $2,600 but it has a depreciation value now of $1,200.

*original price - depreciation value = machine's existing value*
$2,600 - $1,200 = $1,400

However, they've sold the machine for $2,200 instead of 1,400 (which is supposedly the existing price). So, they've gain $800 ($2,200 deducted by $1,400) out from this transaction. 
7 0
3 years ago
the common stock of salazar insurance pays a constant annual dividend of $4.80 per share. what is one share of this stock worth
kotegsom [21]

Market Price =$36.09,is one share of this stock worth at a discount rate of 13.3 percent.

<h3>Common stock: What does that mean?</h3>

A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the executive board and cast ballots for corporate rules. This kind of stock ownership frequently offers better long-term rates of return. Common stock is not subject to either assets or liabilities.

<h3>How are shares & common stock different from one another?</h3>

Definition: The term "stock" refers to the holder's interest in one or more businesses. A single share of interest in a firm is referred to as a "share" in contrast. For instance, if X has stock investments, X may have a collection of shares from various companies.

<h3>Briefing:</h3>

Market price = dividends per share

P0 = $4.80/.133

P0 = $36.09

Market Price =$36.09

To know more about common stock visit:

brainly.com/question/13762106

#SPJ4

5 0
1 year ago
Maria, the vice president of sales for an international organization, believes that employees in her foreign offices understand
wolverine [178]

Answer: (B) Polycentric

Explanation:

  A polycentric manager is refers to the approach or the method in the global marketing that basically helps the organization for spread about their products and the services among the different countries.

The main objective of the polycentric approach that it helps in managing the different types of operations and services in the business.

According to the given question, maria is the vice president in an organization for the international sales process and she handle all the practices held in their office. Therefore, Maria is refers as a polycentric manger.

5 0
3 years ago
On October 15, 2019, the Department of Labor announced that the Producer Price Index (PPI) experienced an unexpected 1.1 percent
Kruka [31]

Answer:

A. We should expect higher interest rates and lower stock prices.

Explanation:

Producer price index refers to the price that producers recieve for their products. When there is an increase in PPI it means producers are receiving more revenue.

Increased revenue will result in more money in circulation. To regulate the excess money the monetary authorities will increase interest rate to reduce borrowing and by extension money in the economy.

Because there is now a need to get more funds by the companies, they will lower share prices to make them attractive to prospective investors.

5 0
3 years ago
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