All categories

3 years ago

How does cvs define the value, “innovation”?

1 answer:

7 0

Innovation can be defined simply as a "new idea, device, or method". However, innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs. This is accomplished through more-effective products, processes, services, technologies, or business models that are readily available to markets, governments and 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. It is related to, but not the same as, invention. Innovation is often manifested via the engineering process. The exnovation is the opposite of innovation.

You might be interested in

Prompt What should you do after writing something?

finlep [7]

Answer:

revise, edit, cite sources.

Explanation:

8 0

3 years ago

Read 2 more answers

Wilco LLC uses the weighted average method to determine equivalent units of production. Wilco LLC reported that in last quarter

Anika [276]

Answer:

the number of equivalent units for the production is 13,500 units

Explanation:

The computation of the number of equivalent units for the production is shown below:

Units completed and transferred is 10,000 units

Add Ending work in the process [7,000 × 0.50] 3,500 units

Total equivalent units 13,500 units

Hence, the number of equivalent units for the production is 13,500 units

The same is relevant

4 0

3 years ago

the graph to the right depicts the per unit cost curves and demand curve facing a shirt manufacturer in a competitive industry 2

natulia [17]

The firm will exit or leave the industry as its not making any profits.

<h3>CALCULATION OF THE PROFITS</h3>

According to the Question,

The firm produces at P = MC

Where we know,

Q = 55 units

P = $4.78

ATC or Average Total Cost = 6.76

AVC or Average Valuable Cost = 3

P > AVC so the firm produces to minimize losses at the MC = P.

Profit = ( P - ATC ) × Q

=( 4.78 - 6.76 ) × 55

= - 108.9

The profit is - 108.9 dollars per minute.

As the firm in the industry is making losses ( a negative profit ) so it will exit the industry in the long run.

To know more about competitive firms, check the given link.

brainly.com/question/28104159

#SPJ4

8 0

2 years ago

If Malaysian companies are highly efficient in the production of textiles and U.S. companies are highly efficient in the product

rosijanka [135]

If Malaysian companies were more efficient in textile production and the U.S. was more efficient in computer software, they should sign a Free trade agreement.

<h3>What would a free trade agreement do?</h3>

A free trade agreement allows for countries to be able to trade without any restrictions.

Implementing a free trade agreement here would allow funds to freely move to Malaysia for textile production, and to the U.S. for software companies.

In conclusion, this is a free trade agreement.

Find out more on free trade agreements at brainly.com/question/2201430.

3 0

2 years ago

in the final analysis, how much did the inventory cost burlington? the inventory cost for burlington is

nata0808 [166]

The inventory cost for burlington is $18,278.

Stock or inventory refers to the goods and substances that a commercial enterprise holds for the last purpose of resale, manufacturing or utilisation. stock control is a area primarily approximately specifying the shape and site of stocked goods.

Stock refers to all of the items, goods, merchandise, and substances held by means of an enterprise for selling in the marketplace to earn a profit. example: If a newspaper supplier makes use of a car to supply newspapers to the customers, handiest the newspaper might be taken into consideration stock. The automobile will be handled as an asset.

Learn more about inventory here:brainly.com/question/24868116
#SPJ4

8 0

1 year ago