Answer:
Policy
Explanation:
Based on the information provided within the question it can be said that the term that is being described is called a Policy. This (like mentioned in the question) is a set of principals that need to be used in order to guide the decision making process of management in order to be able to achieve the desired outcome that the organization needs.
Answer:
Option B
Explanation:
Open innovation framework includes strategic, controlled transfers of knowledge with actors beyond an organization's borders, seeking to incorporate their expertise and experience into the creative cycle of the organisation itself.
Whereas, A closed development is focused on the assumption that the businesses itself produce developments. The innovation cycle usually occurs exclusively inside the business, from the production of concepts to the creation and advertising.
Thus, from the above we can conclude that the correct option is B.
Answer:
option (a) $98,878
Explanation:
Given:
Annuity = $13,000
Time = 15 years
Rate = 10%
now,
Present value = Annuity × ( Annuity factor for 15 year and rate 10% )
from the table the annuity factor can be found out by using the table provided in the question
pointing to the value common in the row of 15 and column of 10% i.e (7.606)
thus,
or
Present value = $13,000 × ( 7.606 )
or
Present value = $98,878
hence the correct answer is option (a) $98,878
Answer:
The income elasticity of demand for Patty's Pizza is 1. Positive income elasticity shows that Pizza is a normal good.
Explanation:
The annual income of the student's is $10,000.
The annual quantity demanded for patty's pizza is 50 units.
When the income increases to $12,000, the quantity demanded will also increase to 60 units.
There is a positive relationship between the quantity demanded of pizza and income level.
This indicates that pizza is a normal good.
The income elasticity of pizza is 1, the solution is given in the figure below:
Answer:
A) Allowance method of accounting bad debts
Explanation:
Based on the allowance method, the bad debts should be calculated on either credit sales i.e. income statement method or receivable aging method i.e. balance sheet method. Also, the account receivable should be recognized at net realizable value
Therefore the allowance method of accounting bad debts is an answer
