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Vlad [161]
3 years ago
14

Some years ago, chemists at 3M Corporation were trying to create a super-strong glue. Somehow they got their molecules twisted a

nd came up with one of the weakest glues ever made. But, rather than pouring it down the drain, they tried coating some paper with it, and the "Post-It Note" was born. In this case, 3M was acting as 1) utility. 2) rationer. 3) entrepreneur.4) abstraction
Business
1 answer:
yulyashka [42]3 years ago
4 0

Answer: an entrepreneur

Explanation: An entrepreneur refers to a person  who have an extensive knowledge about the industry that is enough to grab the opportunities that arise. These are the people that are smart enough to do every activity in a different way which is better and smarter.

In the given case, even after the failure of the initial objective of the process the company used the failed research for their advantage. This was possible because they had knowledge about the industry and the needs of the consumers.

Hence from the above we can conclude that the correct answer is entrepreneur.

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The business case for why companies should act in a socially responsible manner includes: Select one: a. It generates internal b
yaroslaw [1]

Answer:

d. All of the above

Explanation:

All alternatives are correct due to the fact that when a company acts in a socially responsible manner, it achieves several internal and strategic benefits that help in the success of the business.

Currently, organizations are no longer just profitable entities but are also promoters of positive social transformations for the locality in which they operate and for the world.

Being socially responsible includes having benefit programs for stakeholders, which includes improving the perception with which the company is seen, generating a position that attracts shareholders, retains employees, generates greater job satisfaction, which increases productivity and retention of staff.

Generally, corporate governance programs include the review and culture of continuous improvement of organizational processes, which reduces costs, risks and waste, which contributes to the generation of competitive and profitable advantages for the organization.

6 0
3 years ago
True or false. Convertible preferred stock may be exchanged, at the corporation's option, for a specified number of shares of co
jeyben [28]
The right answer for the question that is being asked and shown above is that: "TRUE." <span>Convertible preferred stock may be exchanged, at the corporation's option, for a specified number of shares of common stock. This is true as far as the convertible preferred stock is concerned.</span>
3 0
3 years ago
Read 2 more answers
An October sales forecast projects that 7,000 units are going to be sold at a price of $11.50 per unit. The desired ending inven
REY [17]

Answer:

The correct answer is:

$80,500 (b.)

Explanation:

First of all, not that total anticipated October sales is the same thing as projected October sales. Therefore, this sale is calculated as follows:

Projected sales = 7,000

unit price = $11.50 per unit

Therefore

Price for 7,000 units = 11.5 × 7,000 = $80,500

5 0
3 years ago
Scott is the business head of a software development firm that wants to increase its market share to 30 percent in the next 5 ye
AysviL [449]

Answer:

tactical planning      

Explanation:

Tactical planning considers a general framework for an enterprise and carries out concrete short-term goals and strategies, typically by division or position of the business. The range of tactical planning is lower than the range in conventional aircraft.

The range in tactical planning is lower than that of the range of conventional aircraft. If the action plan is five years, operational strategies may be one or three years or even fewer based on the type of sector the organization represents and the availability of information.

5 0
3 years ago
Eric's textbook costs $90, and he can resell it in one year's time for $45. if the annual interest rate is 10%, then the present
Archy [21]
<span>$41 Given a discount rate, the present value (PV) of money you expect to receive in the future (FV) at a specified interest rate (R) for a specified number of periods (N) is PV = FV/(1+R)^N So let's plug in the known values and solve. PV = 45/(1+0.10)^1 PV = 45/(1.10)^1 PV = 45/1.10 PV = 40.90909091 Rounding to the nearest dollar gives $41</span>
7 0
3 years ago
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