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Anit [1.1K]
4 years ago
14

‘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:
I am Lyosha [343]4 years ago
6 0

Answer with Explanation:

Innovation Leadership is a technique through which the leaders influence the behaviors of the employees by telling them about the innovative solutions how its achievement can be fruitful to the company. The innovative followers bring creative and innovative ideas at desk so that the problems are timely and effectively solved or the product or service is delivered with more differentiated features. The relationship is more inclined to solving the problems by opting to modern and distinctive solutions that will bring value to the company. In simple words its all about "Modern problems require modern solutions".

Innovation leader in the case of Apple Incorporation would be Steve Jobs who brought countless innovation which today we experience while using computers, hearing music, using graphical user interface, etc. All these was part of his vision. If we consider his vision statement which is as under:

“To make a contribution to the world by making tools for the mind that advance humankind.” Steve Jobs

We can see that the innovation lies in the heart of the vision statement. So no doubt he revolutionized the whole of the world and his innovation fellowership were influenced by this behavior which let Apple to accomplish innovation that advanced humankind by the introduction of graphical user interface, better secure computers, mouse, portable music players, Iphones, iPods, Macbook, etc,.

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Which term describes the cost to replace property minus the deduction for depreciation?
Natasha_Volkova [10]

Answer:

The correct answer is b) Actual cash value.

Explanation:

Insurance industry’s ACV is define as "the cost to replace with new property of like kind and quality, less depreciation. Courts have varied in their rulings as to whether or not depreciation includes obsolescence (loss of usefulness as a result of outmoded design, construction, etc.)."

5 0
3 years ago
When preparing the operating activities section of the statement of cash flows using the indirect method, a decrease in accounts
PSYCHO15rus [73]

Answer:

True

Explanation:

statement of cash flows can be regarded as financial statement which gives analysis of how cash as well as cash equivalent is affected by any changes in balance sheet accounts.

The indirect method of statement of cash flows begins with loss or the net income as well as the substraction of values from non cash revenue which result in case flow as a result of operating activities.

7 0
3 years ago
¿Cuáles son y cómo se elabora un Inventario de Mercancías NIC 2?<br> Ayuda plisssss
Leokris [45]

(ノ◕ヮ◕)ノ*:・゚✧ ✧゚・: *ヽ(◕ヮ◕ヽ)

La NIC 2 define los inventarios como activos que son: mantenidos para la venta en el curso normal del negocio, en el proceso de producción para dicha venta, o. en forma de materiales o insumos para ser consumidos en el proceso de producción o prestación de servicios.

4 0
3 years ago
RJ Miller Manufacturing Company produces a product that sells for $120. A selling commission of 10% of the selling price is paid
djverab [1.8K]

Answer:

$48

Explanation:

Contribution = Sales - Variable Costs

where,

Sales = $120

Variable Costs = $120 x 10% + $60 = $72

therefore,

Contribution = $120 - $72 = $48

The contribution margin per unit is: $48

6 0
3 years ago
Price Adjustments This activity is important because as marketing managers set final prices, they start with the list (quoted) p
EleoNora [17]

Answer:

1. Discount

2. Geographical adjustments

3. Allowance

4. Discount

5. Allowance

6. Discount

Explanation:

1. Discount for early purchase and delivery order of chlorine and shock products

2. Geographical adjustment of price, due to shipping and handling costs

3. Allowance given to Raquel for the old ring; to help/encourage her purchase a new one (from the store)

4. Discount on the price or cost of purchase, for customers (like Joshua) who would buy more socks at a go

5. Allowance Capri Sun gives to Safeways Store, for every 15 cases of Capri Sun ordered and displayed in front of the store

6. Discount incentive/bonus Amazon is offering its Prime members. Take note of the nomenclature "Prime members". These are customers who make frequent orders or order a lot of products. Amazon is herefore offering a discount.

NOTE:

- A discount is offered to reduce the cost of purchase - which could be direct or indirect - while an allowance is given to encourage a business deal; as in numbers 3 and 5.

7 0
4 years ago
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