The introduction of instant photography into her business makes Polaroid an example of disruptive innovation.
<h3>What is disruptive innovation?</h3>
Disruptive innovation serves as a kind of innovation which creates a new market and value network .
This value is usually created into the bottom of an existing market.
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Boosting morale in a workplace through reorientation is accomplished by giving employees a new direction and focus. Reorientation refers to changing the focus or direction of how things are currently going. If a company needs reorientation, the current focus or direction is not working. The change in focus allows for the employees to gain new tactics that may be worthwile for the employees to try new things.
Answer:
Global economic crimes consist of a wide range of economic offenses and include different forms of financial crimes that are committed. Examples of global economic crimes are money laundering, tax evasion, improper use of tax havens, embezzlement and bribery etc.
Global economic fraud is a sub set of global economic crime and consists of those actions that are considered as an intentional act of deception for the purpose of making financial gains. A dishonest advantage is gained through acts of global economic fraud. Examples of global economic frauds are identity fraud, banking fraud, investment fraud, and fraud by abuse of position.
Companies should be concerned about global crimes and frauds as these acts of crime and fraud may put companies in a position of disadvantage in the long run. These acts will dilute some of the value creation activities that companies are pursuing and in the long run these acts will prove detrimental to the value creation objectives of companies. Further the acts of crime and fraud increase the risk scenario in which companies operate and hence the chances of losing money increase manifold.
Companies should address the issue of fraud and crime in a tangible manner and approach to tackle them on a heads on basis. To address the issues companies should firstly recognize fraud when they first see and encounter it. For this companies will require robust fraud risk assessment framework in place. When motivations are identified beforehand then better controls will be put in place by companies, thus significantly reducing the chances of fraud and crime.
In measuring return-on-investment (ROI) from sport sponsorships, companies have used all of the following methods except <u>C. Q Scores scale</u>.
<u>Explanation</u>:
<u>Return on Investment (ROI)</u> helps in determining whether the investment results in gain or loss. The gain or loss of amount is obtained based on the amount of money invested. ROI is used to compare the gain between the companies. ROI can help in deciding the personal financial transaction. Return on Investment is expressed in percentage.
Q score provides the information regarding the popularity of the brand, company, celebrity and entertainment product. Q score becomes high if the familiarity of the brand or company is high among people.
Answer:
c. is an institution that brings together buyers and sellers.
Explanation:
A market: is an institution that brings together buyers and sellers.
In mainstream economics, the concept of a market is any <u>structure that allows buyers and sellers to exchange any type of goods, services and information. </u>The exchange of goods or services, with or without money, is a transaction.
Furthermore it can be said to be any place where sellers of particular goods or services can meet with buyers of those goods and services by creating the potential for a transaction to take place.
