Answer:
Idea generation.
Explanation:
The new product development process is a process of taking a product to the market. It is a part of product design. The process continues till the life cycle of product is over.
There are several stages of the new product development.
The stage in which the Apple company is, in the given scenario, is idea generation.
Idea generation is the first stage of the new product development. In this stage, the company seeks for ideas for creating or developing new products.
Therefore, idea generation is the correct answer.
Answer:
Explanation:
The main argument in favor regarding increasing minimum wage is that a higher wage will result into an increase in the standard of living of the people. Furthermore, a rise in the minimum wage can help in lifting people out I poverty. Due to higher wages and salaries, workers will have more money to cater for their families and meet their needs. Lastly, an increase in the minimum wage means that the government can reduce its expenditures on helping the low income earners and can therefore invest the money in other critical sectors of the economy.
The arguments against raising the minimum wage is that it can lead to inflation. Inflation in the rise in the price for goods and services. When there's an increase in minimum wage, sellers may increase the price of goods as there'll be more money to spend by households. Also, it can lead to losses of jobs as employersay have to cut down cost on order to be able to increase the wages of some workers and thereby may result in some workers being laid off.
Minimum wages lead to the reduction in the entry-level jobs that are available, and reduces the change of entry level graduates to get training, and lifetime income. According to Economists, minimum wages will result into decrease in the employment opportunities that are available for the youths and thereby create unemployment. Potential employees will miss out on the training that should have been done at the initial stage one is entering an organization.
Answer: false
Explanation:
The statute of frauds requires some specific contracts types to be executed in writing. According to the statute, the contracts covered include agreements that involve goods worth over $500,
contracts for land sale, and also contracts that last for either one year or more.
Based on the scenario above, it is false as Jim's guaranty agreement with West Bank is enforceable under the Statute of Frauds
Answer:
(A) "So, the government decides to reduce the tariffs on imported raw materials."
(B) "It also introduces special economic zones where certain goods can be traded tax-free."
Explanation:
Liberal economic policies usually revolve around deregulation of many governmental policies, since advocates tend to prefer a market that is as free as possible – meaning, it is free of governmental influences. Liberal economy is also a form of capitalism, and thus they would support (A) and (B) most, since it reduces barriers for businesses to operate at a profit.
They would not support (C) and (D) since these two concepts are instead socialist economic policies.
