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Daniel [21]
4 years ago
13

Is there a trade-off between standardization and innovation? how are the two related in most companies?

Business
1 answer:
Dmitry_Shevchenko [17]4 years ago
5 0
Standardization and innovation play critical roles in the development of goods and services. Standardization allows for a stabilized starting point in which to move forward and develop other goods and services which is related to innovation. Standardization provides stability, a known factor which can be relied upon, whereas innovation is riskier and may not come to be successful endeavor. However, like all risk, that is the payoff for the investment in innovation, for if the innovative good or service can be successfully brought to market, the dividends for a payout can be well worth it.
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At a price of $5, Sam buys 10 units of a product; when the price increases to $6, Sam buys 8 units. Martha says Sam's demand has
forsale [732]

Based on the information given, Martha is incorrect. Sam's quantity demand has decreased.

<h3>What is demand?</h3>

Demand means the quantity of a good and services that consumers are willing and able to buy at various prices during a given period of time

In this case, Martha is incorrect. This is because Sam's quantity demanded has decreased, and his demand has not changed.

Learn more about demand on:

brainly.com/question/1245771

5 0
3 years ago
Sherry is trying to increase her daily exercise. She has downloaded an application on her phone that tracks how far and how long
leonid [27]

Based on this information and the components of self-regulation, Sherry is implementing <u>self-evaluation</u>.

<h3>What are self-regulation?</h3>

It is the ability to analyze the environment and the set of processes that we carry out in order to successfully manage ourselves whose components are self-observation, self-evaluation and self-reinforcement.

Self-evaluation component refers to the fact that the person determines some criteria that mark or guide the objectives that he wants to achieve, these criteria can contrast whether the change in behavior is the one he is looking for or not, according to his objectives.

Therefore, we can conclude that based on this information and the components of self-regulation, Sherry is implementing self-evaluation.

Learn more about self-evaluation here: brainly.com/question/26304121

3 0
2 years ago
Which of the following is an integral step in a pay-and-return scheme? A. Establish a shell company. B. Misappropriate the incom
svlad2 [7]

Answer:

Letter b is correct. Misappropriate the incoming check related to returned goods and deposit the check in a bank account other than the company's.

Explanation:

A pay-and-return scheme is a scheme where an employee intentionally defrays a payment amount from a vendor, increasing that expense and reimbursing the excess amount of that payment. It can also be performed on a dual payment scheme to a vendor, and after the employee reports the error to the vendor and gets a check back, he can refund the amount.

4 0
3 years ago
While eating at a restaurant, you see a waiter s serving tray tilt and an avalanche of food and beverages splatters on four peop
erica [24]

Answer:

D. The fundamental attribution error

Explanation:

The fundamental attrubution error is the likeliness for individuals to over emphasize personality based explanations for actions observed in others while under emphasizing situational explanations. It is a bias in which an individual action is said to depend on the type of person he is. What the individual committed in this case is fundamental attribution error also called correspondence bias or over attributional effect. With this bias, it is not believed that social and environmental factors influences individual actions.

4 0
3 years ago
Heinrich established a scientific approach for accident causation by starting with the accident and working backwards
Simora [160]
<span>The answer for this question is b. False. The first scientific approach established by Heinrich is focus on Prevention and is a linear approach that looks like a Domino effect. His model starts with the possible mistakes and according to this model by eliminating one of the factor (mistakes or possible causes of accident) an accident can be prevented. Today this model is called Domino theory. Heinrich established this model and called it Scientific Approach for Accident Prevention.</span>
6 0
4 years ago
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