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Inga [223]
3 years ago
13

Which of the following is true of innovation? a. Innovations are less likely to come from small businesses than from big busines

ses. b. All successful software firms started out as large organizations. c. All successful new start-ups are innovative dot-com companies. d. Small businesses supply over half of all innovations in the U.S. marketplace each year.
Business
1 answer:
Alchen [17]3 years ago
7 0

Answer:

The correct answer is d. Small businesses supply over half of all innovations in the U.S. marketplace each year.

Explanation:

The Patent System (SP) is an incentive scheme to boost the process of invention-technological innovation. The primary objective of a SP is that it has the capacity to protect innovators with the purpose of increasing the technical progress of the economy, but that, at the same time, it is efficient in spreading these innovations in order to boost economic development.

It is generally believed that small companies make little use of the patent system because they find it complicated and difficult; Some even think they don't even exist. However, studies show that "less relevant" companies were more active in developing emerging technologies than expected.

In this sense, it was shown that companies with less than 25 employees promoted more patents than companies that housed 50 workers who, in turn, developed a greater number of patents than companies with 100 employees, and so on.

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Sebastian plans to open a restaurant but he is unsure about how to attract customers. He hires a consumer researcher to analyze
Evgen [1.6K]

Answer:

The correct answer is c. ethnicity

Explanation:

Ethnicity is first and foremost a form of identification, an identification of one with what oneself and others understand to be their ethnic or ethnic group. Ethnicity denotes a relationship or feeling of belonging. Regarding the term of identification, ethnicity and ethnicity are classifying concepts. The classification is based on very different criteria or "ethnic markers": cultural, linguistic, religious ascriptions, racial traits, common origin, shared activities, etc.

5 0
3 years ago
Journalize the July transactions.
xxMikexx [17]

Answer:

Transactions :

July 1

Cash $39,870 (debit)

Cleaning Equipment $2,500 (debit)

Capital $42,370 (credit)

July 1

Truck $10,500 (debit)

Cash $2,500 (credit)

Accounts Payable $8,000 (credit)

July 3

Cleaning Supplies $1,794 (debit)

Accounts Payable $1,794 (credit)

July 5

Prepaid Insurance $1,800  (debit)

Cash $1,800  (credit)

July 12

Trade Receivable $4,813 (debit)

Service Revenue $4,813 (credit)

July 15

Cash $1,650 (debit)

Deferred Revenue $1,650 (credit)

July 18

Accounts Payable $1,200  (debit)

Cash $1,200 (credit)

July 20

Cash $3,632 (debit)

Accounts Receivable $3,632 (credit)

July 25

Trade Receivables $6,275 (debit)

Service Revenue $6,275 (credit)

July 31

Utilities : Gasoline  $297 (debit)

Cash  $297 (credit)

July 31

Capital $1,000 (debit)

Cash $1,000 (credit)

Adjustments:

July 31

Cash $2,476 (debit)

Deferred Revenue $2,476 (credit)

July 31

Depreciation $175 (debit)

Accumulated Depreciation $175 (credit)

July 31

Deferred Revenue $450 (debit)

Revenue $450(credit)

July 31

Insurance Expense $150 (debit)

Insurance Prepaid $150 (credit)

July 31

Supplies Inventory $521 (debit)

Income statement $521 (credit)

July 31

Wages $287 (debit)

Wages Payable $287 (credit)

Explanation:

Journal entries have been made for both the <em>transactions </em>and <em>adjustments </em>that occurred during the period.

Note : Revenue earned but not billed is recorded as a Liability known as Deferred Revenue. The liability is de-recognized later as the customers or service is billed.

8 0
3 years ago
Depasquale Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.51 direct l
rodikova [14]

Answer:

Total Direct labor 59649.6

Explanation:

We have to multiply the production per month, by the amount of hourd it takes to do a single units, then we multiply by the rate per hour.

May 6,600 units x 0.51 DL x 8.6 rate = 28947.6 direct labor cost

June 7,000 units x 0.51 DL x 8.6 rate = 30,702

FInally, we add both values to get the total

Total Direct labor 59649.6

7 0
3 years ago
Admirable Inc. makes three products in a single facility. Data concerning these products follow: Product A B C Selling price per
Fiesta28 [93]

Answer:

Product A $3.43

Product B $8.32

Product C $6.62

Explanation:

Calculation to determine How much of each product should be produced to maximize net operating income

Product A Product B Product C

Selling price per unit $72.70 $77.10 $76.10

Direct materials $33.10 $40.60 $46.40

Direct labor $22.00 $13.10 $7.20

Variable manufacturing overhead $4.60 $4.40 $3.30

Variable selling cost per unit $1.60 $3.20 $2.00

Total variable cost per unit $61.3 $61.3 $58.9

Contribution margin per unit $9.6 $15.8 $17.2

Product A ($72.70-$61.3=$9.6)

Product B ($77.10-$61.3=$15.8)

Product C ($76.10-$58.9=$17.2)

Mixing minutes per unit 2.8 1.9 2.6

Contribution margin per unit $3.43 $8.32 $6.62

Rank in terms of profitability 3 1 2

Product A ($9.6/2.8=$3.43)

Product B ($15.8/1.9=$8.32)

Product C ($17.2/2.6=$6.62)

Therefore How much of each product should be produced to maximize net operating income will be:

Product A $3.43

Product B $8.32

Product C $6.62

3 0
3 years ago
5 steps in testing the business process are
Elis [28]
Create test plan, develope scenarios, implement, summarize feedback, and retest.
7 0
3 years ago
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