For Kodak film inc. , the advent of digital technology can best be described as disruptive innovation.
When a product or service that was previously only available to affluent or highly educated people is transformed into one that is more widely available and accessible, this is referred to as disruptive innovation. By displacing well-established competitors, this transition causes a market disruption.
A prime example of a disruptive invention is Amazon, which debuted as an online bookshop in the middle of the 1990s. Enabling technology, an inventive business model and a consistent value network are necessary for disruptive innovation. The process of developing to enhance goods and services for current clients is known as sustaining innovation.
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The effects of the given factors on current U.S. aggregate demand would be:
- a. Lower current aggregate demand (AD).
- b. Higher current AD.
- c. Higher current AD.
- d. Higher current AD.
- e. Lower current AD.
<h3>What affects Aggregate Demand?</h3>
When there is an increased fear of recession, aggregate demand drops as people want to save money for the recession. A higher price level will make things more expensive so AD drops as well.
When there is a fear of inflation, people increase spending so they can buy goods before prices increase.
Real income growth in other countries will lead to higher exports which will increase national wealth and therefore allow consumers to purchase more goods.
An reduction in real interest rates makes loans cheaper to be acquired and spent on consumption.
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Answer:
the following life insurance policies that provides the highest benefit for the lowest premium and is simply a pure death benefit policy would be A. Term
Answer:
FrameIt’s total manufacturing overhead costs in June is $33,350
Explanation:
Manufacturing overhead costs include all indirect <em>manufacturing cost</em> and exclude all <em>non- manufacturing costs</em>.
<u>Calculation of Manufacturing overhead costs are as follows :</u>
Oil for manufacturing equipment $50
Factory supervisor’s salary $20,000
Factory janitor’s salary $5,000
Factory depreciation expense $8,000
Glue for picture frames $300
Total manufacturing overhead costs $33,350