Answer: I would reject his demand for bribe straight away and i will recommend senior management to protect business ethics at all cost.
Explanation: first of all i would not accept the demand of bribe from the official and would try to report this corruption to the concerned authorities.I would try to pressure the authorities to take strict actions against the official and to make the process to be fair and honest in every way.
I as a representative of my company would recommend senior management to take hands off from the project until appropriate actions are taken by the authority as getting into unethical actions might result in problems in future .
Answer:
A) incumbent firms are slow to change.
Explanation:
This business model type is said to be low cost and also can be seen and tested to be highly accessible to buyers and others goods in the market. Disruptive innovation is a business model that deals with the introduction of a new product or service into a market, at a lower cost and affordable that other products or its competitors, hereby luring prospective or buyers to buying the new product; displacing the leaders or top performers in the market. Disruptive innovation is highly favoured because the incumbent firms are slow to change.
Answer and Explanation:
Merchandising company is one that buys finished goods and add values to it and sells. Unlike the manufacturing firm where the firm produces the good and sells them.
In order to find the COGS for a merchandising company for preparing the income statement, we can look at the inventory purchases and budget for COGS. We can also look at the starting and ending inventory.
The formula for COGS is:
Beginning inventory + purchases - ending inventory = Cost of goods sold.
Answer:
a. the cash budget will drive the production and inf and administrative expense budget
Answer:
A problem solving team
Explanation:
This is a group of individuals assembled to work on a project that involves resolving one or more issues that have already arisen or to deal effectively with issues as they arise. This are ususally formed for a time frame.
So Netflix hired a problem solving team to solve their accuracy of movie recommendation system.