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kramer
3 years ago
10

‘An enterprise may capture value through either innovation leadership or innovation followership'. Discuss this statement with t

he help of one example each for innovation leadership and innovation followership.
Business
1 answer:
Gala2k [10]3 years ago
6 0

Explanation:

This statement is true, due to the fact that a company to stand out in the market must have a strategy that guarantees significant advantages over its competitors, that is, the company must be prepared to have its own identity in the market that gives it value, what can be achieved through innovation.

An example of innovation leadership and followers of innovation is the case of entrepreneur Jeff Bezos, founder of Amazon, a pioneer in internet sales. It can be said that through the innovative vision that Jeff Bezos has, he managed to found a company that sold books online in 1994, a time when the internet was not so widespread and few people had access. Therefore, Bezos, through leadership in innovation, transformed his company into an empire with several different businesses, always following technological changes and people's behaviors, to always follow market innovations and keeping his company always competitive, being a world technology giant.

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Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
krek1111 [17]

Answer:

$61

Explanation:

The computation of unit product cost for the month under absorption costing is shown below:-

Unit product cost = Direct material + Direct labor + Variable Manufacturing overhead + Fixed manufacturing cost

= $18 + $10 + $4 + ($255,200 ÷ 8,800)

= $61

Therefore for computing the unit product cost for the month under absorption costing we simply applied the above formula.

4 0
3 years ago
g An increase in demand is represented by a a. movement downward and to the right along a demand curve. b. movement upward and t
Lana71 [14]

Answer: c. rightward shift of a demand curve.

Explanation:

When there is movement along the demand curve, this is due to a change in the price of the good.

However, an increase in demand is noted by a rightward shift in the Demand curve. This is to signify that the demand has changed even though the price had remained the same. This shift is meant to signify that something else apart from price has caused an increase in demand such as an increase in income. After the shift, the price will have to change to reflect a new Equilibrium which will be the new intersection point with the Supply Curve.

I have attached a graph showing what happens when Quantity Demand increases.

4 0
3 years ago
For a competitive market, A. a seller can always increase her profit by raising the price of her product. B. a seller often char
PtichkaEL [24]

Answer: For a competitive market, <u><em>if a seller charges more than the going price, buyers will go elsewhere to make their purchases.</em></u>

Explanation:

A perfectly competitive market has the following characteristics:

(a). In this particular market there are many buyers and sellers.

(b). Also each company makes similar product. i.e. the products are identical in nature.  

(c). In this market buyers and sellers will have access to perfect information about price. and product.

(d). In a competitive market there are no barriers to entry into or exit from the market.

Therefore , <u><em>if a seller charges more than the going price, buyers will go elsewhere to make their purchases.</em></u>

3 0
3 years ago
ليش اخذنه ربعين احنه عدنه ثلاث ارباع
Genrish500 [490]

Answer:

what?

Explanation:

I don't understand your question

8 0
3 years ago
Read 2 more answers
The following is a December 31, 2021, post-closing trial balance for Almway Corporation.
Basile [38]

Answer:

Almway Corporation

Classified Balance Sheet as at December 31, 2021:

Assets

Current assets:

Cash                                            $ 7,000

Restricted Cash                           39,000

Investment in

 equity securities                        46,000

Accounts receivable      82,000

Allowance for

uncollectible accounts $6,000 76,000

Inventory                                   216,000

Prepaid insurance                        6,000

(for the next 9 months)

Total current assets             $390,000

Long-term assets:

Land for sale                              41,000

Land for use                              81,000

Buildings              436,000

Acc. depreciation  116,000    320,000

Equipment            126,000

Acc. depreciation  76,000      50,000

Patent (net)                              26,000

Investment in

 equity securities                   96,000

Restricted Cash                      31,000

Long-term assets              $645,000

Total assets                     $1,035,000

Liabilities and Equity

Current Liabilities:|

Accounts payable                 107,000

Short-term notes payable     59,200

Interest payable                     36,000

Total current liabilities      $202,200

Long-term notes payable     118,800

Bonds Payable                    256,000

Total long-term liabilities  $374,800

Total liabilities                   $577,000

Common stock                   348,000

Retained earnings               110,000

Total equity                      $458,000

Total liabilities & equity $1,035,000

Explanation:

a) Data and Calculations:

Almway Corporation

Post-closing Trial Balance as at December 31, 2021:

Account Titles                      Debit       Credit

Cash                                 $ 77,000

Investment in

 equity securities             142,000

Accounts receivable          76,000

Inventory                          216,000

Prepaid insurance               6,000

(for the next 9 months)

Land                                 122,000

Buildings                         436,000

Accumulated depreciation-buildings $ 116,000

Equipment                      126,000

Accumulated depreciation equipment  76,000

Patent (net)                      26,000

Accounts payable                                 107,000

Notes payable                                       178,000

Interest payable                                     36,000

Bonds Payable                                    256,000

Common stock                                    348,000

Retained earnings                                110,000  

Totals                      $1,227,000     $1,227,000

Adjustments:

1. Investment in equity securities $142,000

   Long-term investments                46,000

  Short-term investments =             96,000

2. Land for sale = $41,000

   Land for use =  $81,000

Total land = $122,000

3. Restricted Cash (2024) = $31,000

   Restricted Cash (short-term) = $39,000

   Other cash = $7,000

4. Notes payable:

Short-term notes = $59,200 ($46,000 + $13,200)

Long-term notes = $118,800

5. Accounts receivable = $82,000

Allowance for Uncollectible accounts = $6,000

6. Authorized shares = 300,000

   Issued and outstanding shares = 116,000

Almway Corporation

Adjusted Trial Balance as at December 31, 2021:

Account Titles                      Debit       Credit

Cash                                   $ 7,000

Restricted Cash                  39,000

Investment in

 equity securities               46,000

Accounts receivable          82,000

Allowance for uncollectible accounts    $6,000

Inventory                           216,000

Prepaid insurance                6,000

(for the next 9 months)

Land for sale                       41,000

Land for use                       81,000

Buildings                          436,000

Accumulated depreciation-buildings    116,000

Equipment                       126,000

Accumulated depreciation equipment  76,000

Patent (net)                       26,000

Investment in

 equity securities             96,000

Restricted Cash                31,000

Accounts payable                                 107,000

Short-term notes payable                     59,200

Interest payable                                     36,000

Long-term notes payable                     118,800

Bonds Payable                                    256,000

Common stock                                    348,000

Retained earnings                                110,000  

Totals                       $1,233,000    $1,233,000

6 0
3 years ago
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