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Anna71 [15]
3 years ago
11

Which of these is an example of innovation?

Business
1 answer:
mamaluj [8]3 years ago
7 0
<h2>Innovation are broken down into three general categories: product, process, and marketing innovation. </h2>

Explanation:

Product innovation: The development of a new product, an improvement of the existing product and a new feature to an existing product.

Drivers of product innovation might be technological advancements, changes in customer requirements, or outdated product design.

This innovation is generally visible to the customer and should result in a greater demand for a product.

Process innovation: Henry Ford’s invention of the world’s first moving assembly line.

Marketing innovation: Amazon found a new channel through technology by eliminating the traditional retail distribution channel and developing direct relationships.

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The large amount of advertising by firms such as Procter &amp; Gamble and Colgate-Palmolive promotes which of the following barr
Kobotan [32]

Answer:

C

Explanation:

product differentiation

4 0
3 years ago
The supplies account had a beginning balance of $1,693. Supplies purchased during the period totaled $4,413. At the end of the p
olga55 [171]

Answer:

Debit Supplies expense $5,661

Credit Supplies account $5,661

Explanation:

At the time of purchasing supplies, the entries includes a debit to supplies accounts, and a credit to cash or accounts payable which is dependent on whether the cash purchased was done via cash or an account

For supplies used, debit supplies expense and credit supplies account. The movement in supplies account over a period is due to purchases and its expressed as;

Opening balance + Purchases - Supplies used = closing balance

$1,693 + $4,413 - Supplies used = $445

$6,106 - Supplies used = $445

Supplies used = $6,106 + $445

Supplies used = $5,661

6 0
2 years ago
Lloyd is the chief financial officer (CFO) for a firm that uses Incentive stock options (ISOs) as part of its executive compensa
Nata [24]

Answer:

the gross pay of Lloyd is $6,250

Explanation:

The computation of the gross pay is shown below:

= Amount received annually ÷ number of months

= $150,000 ÷ 24

= $6,250

Hence, the gross pay of Lloyd is $6,250

we simply applied the above formula so that the correct value could come

The other things would be irrelavant

4 0
3 years ago
Which of the following countries contributes the least amount of aid to foreign countries and multinational organizations based
katrin [286]

The country that contributes the least amount of aid to foreign nations and multinational organizations based on its GNI is the B. United States.

<h3>How much aid does the U.S. contribute?</h3>

The U.S. is perhaps the largest donor to international organizations and foreign nations with billions going to other nations annually.

The percentage that is given as aid is however a small amount of U.S. national income thanks to the staggering amount earned by Americans in a year.

Options for this question include:

A. United Kingdom

B. United States

C. Germany

Find out more on aid to foreign nations at brainly.com/question/769309

#SPJ1

4 0
1 year ago
Below are several amounts reported at the end of the year. Currency located at the company $ 950 Supplies 2,800 Short-term inves
choli [55]

Answer:

$17,350

Explanation:

Calculation to determine the amount of cash to report in the balance sheet.

Currency located at the company $950

Add Short-term investments that mature within three months 1,850

Add Balance in savings account 8,100

Add Checks received from customers but not yet deposited 550

Add Coins located at the company 100

Add Balance in checking account 5,800

Total Cash $17,350

Therefore the amount of cash to report in the balance sheet is $17,350

8 0
2 years ago
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