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marissa [1.9K]
3 years ago
13

___________ Involves decisions that result in brand-new markets, products, and often new businesses by acquiring new assets to d

evelop the type of breakthrough decisions that fall in this category.

Business
1 answer:
bazaltina [42]3 years ago
8 0

Answer:

Adjacent innovation

Explanation:

There are three ways to innovate in business:

1. Transformational

This is the most commonly thought of innovation. It has the potential to completely transform, create or eliminate entire industries. It involves one-in-a-million ideas that change the way the entire world lives and works.

This innovation is often seen as a means of disruption or a radical solution using breakthrough technology to achieve an unimaginable shift for markets that don’t exist yet.

2. Incremental

Incremental Innovation refers to the optimization of existing products for existing markets – ie. do what you’re doing but better: solving the current problems of your current clients, more effectively, sustainably and continuously.  

It involves making smaller upgrades to existing products or services. The goal is to improve on existing products or services and renew interest in the marketplace.

3. Adjacent

Where Incremental innovation is all about improving existing products for existing markets, there are often opportunities to leverage an existing product, process, or infrastructure to reach new markets.

Simply put, adjacent innovation includes taking existing products into new markets and digital channels, or creating new digital products for existing markets. ie. Adjacent innovation involves entering a new market and connecting with a new audience by leveraging something the company already does well.

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Identify strategies to promote the development of the human resources field in business
Naya [18.7K]

Answer:

  1. Develop a thorough understanding of your company’s objectives
  2. Evaluate your HR capability
  3. Analyze your current HR capacity in light of your goals
  4. Estimate your company’s future HR requirements
  5. Determine the tools required for employees to complete the job
  6. Implement the human resource management strategy
  7. Evaluation and corrective action

3 0
3 years ago
This problem has been solved!See the answerMidland Oil has $1,000 par value bonds outstanding at 13 percent interest. The bonds
aev [14]

Answer:

si

Explanation:

5 0
3 years ago
Is coke and pepsi a duopoly
Nookie1986 [14]

Answer:

Rivalry between Coca-Cola and PepsiCo is not a form of warfare: it is a competitive oligopoly. We might even say it’s a duopoly because the two firms control almost the entire market for soda-flavoured colas.

Explanation:

5 0
2 years ago
Describe how Kabbage might evaluate the existence and completeness of an applicant’s revenue transactions.
elena55 [62]

Explanation:

Disruptive technology, new business ventures, and increased availability of data are quickly changing traditional financial reporting and assurance processes. As a result, prospective auditors not only need to understand fundamental auditing concepts, but also need to anticipate the influence that disruptive technology will have on the profession. The following case study provides a lens through which prospective auditors can view the coming changes to the profession by asking them to consider how the online lending company, Kabbage, is currently disrupting the lending industry for non-traditional and small businesses. Students contemplate several fundamental auditing concepts such as audit evidence, financial statement assertions, and analytical procedures while also acquiring insight into the effects that new and disruptive technology will have on the profession. The intention is to encourage students to embrace coming changes and become lifetime learners.

3 0
2 years ago
On July 1, Goblette Company sold some machinery to another company. The two companies entered into an installment sales contract
malfutka [58]

Answer:

The value of all future payments discounted by the interest rate

Explanation:

Since the purchase of the asset is by installments to be paid in the future. The present value to be recognized is the sum of the future payments discounted at the predetermined interest rate.

The first payment due now will not have to be discounted but future payments will have to be discounted to ascertain the present value of the asset to be recognized in the balance sheet.

7 0
3 years ago
Read 2 more answers
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