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makvit [3.9K]
3 years ago
6

How does cvs define the value, “innovation”?

Business
1 answer:
Lina20 [59]3 years ago
7 0
Innovation<span> can be defined simply as a "new idea, device, or method".</span><span> However, innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.</span><span> This is accomplished through more-effective </span>products<span>, </span>processes<span>, </span>services<span>, </span>technologies<span>, or business models that are readily available to </span>markets<span>, </span>governments<span> and </span>society. The term "innovation" can be defined as something original and more effective and, as a consequence, new, that "breaks into" the market or society.<span> It is related to, but not the same as, </span>invention.<span> Innovation is often manifested via the </span>engineering<span> process. The </span>exnovation<span> is the opposite of innovation.</span>
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The federal organization charged with monitoring illegal workplace discrimination is called the: select one:
TEA [102]
<span>The federal organization charged with monitoring illegal workplace discrimination is called the equal employment opportunity commission (EEOC).

When you are applying for a job or working for a company it is illegal for them to not pick you of something based on what you look like or your gender, nationality and the characteristics that make you, you. Each person regardless of what they look like have to be treated the same and given equal employment opportunity. If there is known discrimination in the workplace, there is a hotline that employees can call to report their workplace to the EEOC.
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7 0
4 years ago
What is strategy implementation what questions must strategy makers consider to begin the imlimentation process?
erastova [34]
Strategy implementation is the sum total of the activities and choices required for the execution of a strategic plan. To begin the implementation process, strategy makers must consider these questions:
Who are the people who will carry out the strategic plan?
What must be done to align the company's operations in the new intended direction?
<span>How is everyone going to work together to do what is needed?</span>
7 0
4 years ago
Kathy has taken a job with her ideal company and is excited to start in their sales department. Kathy is going to be spending so
Amanda [17]

Answer: Option (E)

Explanation:

E-business also known as online business is also referred to as any type of commercial transaction or business that tends to include sharing of information and data across internet. Commerce mostly constitutes exchange of commodity, products and other services in between groups, businesses  and also individuals and thus can be easily seen as an essential activity of a business organization.

7 0
3 years ago
Suppose the market for cars is unregulated. That is, car prices are free to adjust based on the forces of supply and demand. If
grin007 [14]

This question is incomplete. The complete question should be:

Suppose the market for cars is unregulated. That is, car prices are free to adjust based on the forces of supply and demand.

If a shortage exists in the car market, then the current price must be ____ than the equilibrium price. For the market to reach equilibrium, you would expect ______.

Answer:

If a shortage exists in the car market, then the current price must be <u>lower</u> than the equilibrium price. For the market to reach equilibrium, you would expect <u>buyers to pay higher prices.</u>

Explanation:

When demand is equal to supply in a market, the the market is said to be at equilibrium.

In a market for cars, the equilibrium price is the price at which cars are sold when demand for cars equals the supply of cars into the market.

If the price of cars in the market drops lower than the equilibrium price, <u>then there will be an increase in demand for cars. Without a corresponding increase in supply of cars, the market will experience a shortage of cars.</u>

For the market to reach equilibrium, prices will have to rise and car buyers will have to pay higher prices.

5 0
4 years ago
Cost-Volume Profit Analysis Recline Company is planning to produce and sell 11,250 units of its only product at a unit price of
Anarel [89]

Answer:

Calculate Recline’s contribution margin ratio.  

Contribution Margin RATIO  34%

Calculate the break-even point in sales dollars for Recline.    

Break-Even Point  $1.030.556

Explanation:

  • The contribution margin it's determined by the total amount of Gross Profit divided by the total value of sales. To this case $405,000/$1,192,500 = 34%

      Income Statement

11.250       Quantities

$106          Unit Price

$1,192,500 Sales

-$787,500 Cost of goods sold

$405,000 Contribution Margin  34%

-$281,250 Fixed Cost

$123,750 Operating Income

  • The Break Even point it's when the Operating Income is equal to zero, it means the lowest level of sales the company can afford and not loss money.

 BREAK EVEN POINT

9.722        Quantities

$106         Unit Price

$1,030,556 Sales

-$787,500 Cost of goods sold

$243,056 Contribution Margin

-$243,056 Fixed Cost

$0            Operating Income

5 0
4 years ago
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