Answer:
The answer is: C) team-based new product development
Explanation:
Team based new product development: When a company assembles a cross functional team of employees form different departments to work on the development of new products or services.
This approach has the advantage of saving time over the traditional process of passing a new product from one department to another.
Answer: Entrepreneurial ability
Explanation:
A. Capital in the business can be defined as the money invested for the operations of business to earn profits. Capital can be in form of any kind of money like shares and debt but a human can never be a capital.
B. Land can be defined as the capital investment of the business for the place where which the operations of the business will be maintained.
C. Entrepreneurial ability is the brain behind the business entity . In a business an entrepreneur is the person who collects capital, purchase land and maintains the operations.
D. Labor is the human capital invested in the business, that is, hiring of individuals for different types of operations.
Hence we can conclude that Cecil Rhodes played entrepreneurial ability.
Answer:
Inventory cost will be $3
So option (b) is correct option
Explanation:
We have given that carrying and setup cost is $600
So carrying and setup cost = $600
And EOQ = 200 units
We have to find the inventory carrying cost per year
We know that inventory carrying cost is given by
inventory carrying cost 
So option (b) will be correct option
Answer:
A. $80
B. $795
C. $0
Explanation:
Only expenses that can be directly attributed to the business are deductible.
Personal expenses will not be deductible.
A. Here the only deductible amount is the legal fees of $80. The speeding will not be charged to the business because it was as a result of personal negligence. The legal fees affect the business because the speeding related to a business asset.
B. Only the amount paid to reserve a spot will be deductible because it relates to expenses for the business to make profit. The money she spent on her children is a personal expense.
C. There is no deductible here. These activities were of a personal nature and in no way related to the operations of the business of operating the food truck.
Answer:
Based on the case, you might describe the generic strategy of Allegiant Airlines as:__________.
Cost Focus.
Explanation:
Allegiant Airlines, in its strategy, does not try to provide cost leadership to the airline industry. But it offers low prices for passenger tickets for its specific routes. This implies that the low cost that it offers is focused on a narrow niche market because this niche will provide it with competitive advantage in the industry. Allegiant Airlines also employs some competitive pricing schemes, which have made it difficult for new and upcoming businesses to enter their niche market. Allegiant also sells flights from other airlines on its site. This tactical move increases customers' awareness of its dominance as a low fare service.
