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il63 [147K]
3 years ago
11

IKEA’s ""ready to assemble"" furniture and fixtures transformed retail shopping; Nike allows online customers to design their ow

n shoes. These examples BEST illustrate _____ innovation.
Business
1 answer:
VARVARA [1.3K]3 years ago
3 0

Answer:

Retail Innovation

Explanation:

Retail innovation has to do with improvements that heightens customer experience and satisfaction by providing tangible value for customers because it offers something new in the field of technology, services, products or business systems.

IKEA’s "ready to assemble" furniture and fixtures transformed retail shopping; and Nike's allowance of online customers to design their own shoes; are all examples that illustrate retail innovation.

Retail innovation has changed the way consumers connect with brands, Beginning from social shopping, voice-based commerce or drone deliveries; companies are now using technology tools to differentiate their brands and transform the retail experience of their customers.

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Ali is working with a company that makes custom-designed shoes for its customers. The customers have accepted the product concep
ad-work [718]

Answer:

The functional role being used by the government to help Ali's company is;

Redistribution of income and resources

Explanation:

The government using the three arms, namely; legislature, judiciary and executive perform various functions to ensure that it's citizens live and operate in a certain way. There are different activities that need government input o ensure efficiency. Some examples are; social activities, economic activities and political activities. Some of the major functions of government are as follows;

1. Defend and preserve the country's territorial integrity: the government has a duty to defend it's borders against external aggression.

2. Preserve order: order has to be preserved in a country to minimize chaos. The government using the constitution as a tool for preserving and maintaining order.

3. Redistribution of income and resources: the government can enforce certain policies that tend to redistribute income and resources from the wealthy to economically marginalized groups in the society. This can be done by imposing higher taxes on the rich while at the same time imposing little or no tax on the poor. The government can also provide subsidies to goods and services meant for the poor or even support small businesses by providing for cheaper loans with very low interest. An example is Ali's company that utilized a low-cost loan to boost his business. In this way the government is playing the role of redistribution of income and resources.

8 0
4 years ago
Kari would like to save $10,000 for a down payment on a house.Illustrate the difference in years it will take her to double her
lord [1]

Answer:

This question requires us to tell the time in which investment of $ 5000 will double based on a 6%, 12% and 18% interest rate. Time period (n) based on a 6%, 12% and 18% interest rate is calculated below.

(FV =PV (1+i)^n)

6%

10,000 = 5,000 (1.06)^n

Log 2 = n log 1.06

n = 11.9 years

12%

10,000 = 5,000 (1.12)^n

Log 2 = n log 1.12

n = 6.1 years

18%

10,000 = 5,000 (1.12)^n

Log 2 = n log 1.18

n = 4.2 years

8 0
3 years ago
Which statements describe junction tables? Check all that apply.
Lesechka [4]

Answer:

B, E and F

Explanation: I just took it smh I hate this

3 0
3 years ago
Read 2 more answers
If government purchases increase, what happens to GDP?Assume there is no other changes A. Real GDP increases,but GDP per Capita
11111nata11111 [884]

Answer : A. Real GDP increases,but GDP per Capita increases.

The GDP of a country is measured by

GDP = C+ I + G +(X-M)

Where

C = Consumption Expenditure

I = investment Expenditure

G = Government Spending

X = Exports

M = Imports

When government spending increases on account of purchases of good and services by the government, it increases the demand for goods and services. This increases the aggregate demand.

Given that quantitatively aggregate demand is equal to real GDP, an increase in aggregate demand will result in an increase in Real GDP, if all other things remain the same.

An increase in real GDP will, in turn, result in an increase in per capita income.

8 0
3 years ago
We respect our employees and value their diversity" is an example of a statement you are most likely to find in the organization
Julli [10]

Answer: Mission

Explanation:

 The organizational mission is one of the type of approach that is used for reflecting the various types of products and the services information and also it important values.

The main main objective of the organizational mission is that it helps in providing the various types of company statement based on its the organizational specific goals and the values.

 According to the given question, the mission is one of the organizational factor that helps in value the employees and also respect their specific diversity.  

 Therefore, Mission is the correct answer.

3 0
3 years ago
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