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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Drivers of product innovation might be technological advancements, changes in customer requirements, or outdated product design.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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Vac N' Sew will give customers $100 for a used vacuum cleaner, regardless of condition, when they purchase a new vacuum or sewin
kondor19780726 [428]

Answer:

Trade-in allowance

Explanation:

A trade-in allowance is a type of discount in which the price of a good is reduced by the value of a another good that the buyer gives to the seller.

In this question, we have a trade-in-allowance because buyers give a product (a used vacuum cleaner) valued at $100 in exchange for a discount by the same amount of the total price of the new vacuum that they want to buy.

8 0
3 years ago
A person starts her own business after quitting a job in which she made $75,000 a year. Expenses include $100,000 for wages and
romanna [79]
Explicit costs are business expenses that are easily identifiable and can be accounted for.

1) Wages and salaries = 100,000
2) Utilities expenses = 15,000
3) Materials and Supplies = 150,000
4) Gasoline expense = 5,000

100,000 + 15,000 + 150,000 + 5,000 = 270,000 answer is C.
5 0
3 years ago
Data that is based on natural language, such as social media posts, comments, e-mail messages and so
konstantin123 [22]
A. Semi Structure Data
8 0
3 years ago
an investor buys a 10000 par 4.25 percent annual coupon tips security with three years to maturity. if inflation every sic month
mr_godi [17]

Answer:

the  final payment that investor would received is $11,843.36

Explanation:

The computation of the final payment that investor would received is shown below:

Adjusted face value is

= 10,000 × (1 + 2.5%)^(3 × 2)

= 11,596.93

Final payment = Coupon + adjusted principal

= 11596.93 × 4.25% ÷ 2 + 11,596.93

= $11,843.36

hence, the  final payment that investor would received is $11,843.36

8 0
3 years ago
A COMPANY HAS RECENTLY OURSOURCED ITS PAYROLL PROCESS TO A THIRD-PARTY SERVICE PROVIDER. AN AUDIT TEAM WAS SCHEDULED TO AUDIT PA
Olin [163]
C. The third party is a desperate business. If it sees a major flaw from the third party it could possibly take action but this isn't as much of a worry as one would think.
7 0
3 years ago
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