The concept that should be included at the beginning of a new product's development cycle is B. Idea generalization.
<h3>What is idea generalization?</h3>
This is the first step in the process of coming up with a new product or project.
At this step, the innovator comes up with the various functions and goals that the product or project should accomplish. These will fuel the ideas surrounding how the product would work.
Options for this question include:
A. Product definition
B. Idea generalization
C. initial design
D. Commercialization
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Answer:
Bad debt expense for 2020 is - $ 2,234
Explanation:
Adjustment to the Allowance for Doubtful Debts (Increase or Decrease) are recorded in the Income Statement as part of Bad Debts Expenses as follows;
<em>Increase in Allowance for Doubtful debts = Increases the Bad Debts Expense</em>
<em>Decrease in Allowance for Doubtful debts = Decreases the Bad Debts Expense</em>
During the Period Allowances for Doubtful Debts are calculated as :
Allowances for Doubtful Debts = $53,600 × 6%
= $ 3,216
Bad Debt Expense = $ 3,216-$5,450
= - $ 2,234
It is true that by the second decade of the 21st century, most organizations were devoting less and less time and attention to corporate ethics.
<h3> Corporate Ethics</h3>
Business ethics (also known as Corporate Ethics) is a state of applied ethics or experienced ethics, that explores ethical principles and moral or ethical concerns that can arise in a enterprise environment. It spreads to all aspects of business conduct and is applicable to the conduct of individuals and entire associations.
<h3>What are the type business ethics?</h3>
(i) Politics without Principles
(ii) Wealth without Work
(iii) Commerce without Morality
(iv) Knowledge without Character
(v) Pleasure without Conscience
(vi) Science without Humanity
(vii) Worship without Sacrifice.
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Answer:
B. The long-run average total cost curve is derived by tracing out all of the firm's short-run average total cost curves.
Answer: "because each country tries to push the other as close to the limits of the terms of trade as possible"
Explanation: This means that the opportunity costs of each country is being considered and cannot be violated by moving past the limits of the terms of trade. In other words, each country is poised to gain by not failing to keep the alternative(opportunity cost) goods bought from the other country equal or less in value to the sales to that country.