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zlopas [31]
3 years ago
11

Salon Products recently introduced a new acai berry shampoo. Rinn, director of new product development, has just reviewed the di

smal results. As it appears that his team adequately researched the product's acceptance by consumers prior to its introduction, he is confused by the outcome. But to keep his team open to innovation, Rinn should:_______.
A: step down as director.
B: ignore the product failure
C: demote the team leader
D foster an innovative culture and climate that permits experimentation, risk-taking, and failure.
E: fire and replace the team lead and an example
Business
1 answer:
julia-pushkina [17]3 years ago
5 0

Answer:

Foster an innovative culture and climate that permits experimentation, risk-taking , and failure.

Explanation:

The director of the new product development in the given case comes across that even after the proper research done by his team regarding the product acceptance by the consumers the outcome was not the same.

In order to keep his team open to innovation the director Rinn should encourage and develop an environment of creating new ideas and products which should open up the scope for experiments , risks and failure of the product keeping in mind that all experiments does not necessarily leads to positive results and involves risks as well.

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weqwewe [10]

Answer:

The correct answer is D. Profit is the financial gain from business activity minus expenses.

Explanation:

For example a company whose business activity is selling chairs has sold 10 chairs in a month at 10 dollars each which it has bought in 6 dollars (per chair). The company has incurred 5 dollars as admin expenses and had paid 10 dollars to commercial bank as interest. So what is company profit?

Calculation.

The profit will be 25$ as shown below.

Sales                     (10*10) 100

Purchase               (10*6)  (60)

Admin expense                 (5)

Financial expense             (10)

Profit                                   25

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Answer:

The correct answer is option d.

Explanation:

If oligopolists are able to collude successfully, they will be able to fix price and output similar to a monopoly.

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3 years ago
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Explanation:

hope this helps :)

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