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il63 [147K]
4 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]4 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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Indigo Corporation had a projected benefit obligation of $3,386,000 and plan assets of $3,617,000 at January 1, 2020. Indigo als
Mars2501 [29]

Answer:

Amortized to pension expense $21,600

Explanation:

Compututation of Indigo’s minimum amortization of the actuarial loss

Amortization

Projected benefit obligation($3,386,000)

Plan assets $3,617,000

Corridor percentage10%

Corridor amount $361,700

Accumulated loss $528,020

Excess loss subject to amortization $166,320

($361,700- $528,020)

Average remaining service 7.70

Amortized to pension expense $21,600

($166,320÷7.70)

Therefore the Minimum amortization of the actuarial loss will be $21,600

6 0
3 years ago
A building with an appraisal value of $128,156 is made available at an offer price of $153,050. The purchaser acquires the prope
elena55 [62]

Answer:

$117,201

Explanation:

Calculation for what The cost basis recorded in the buyer's accounting records to recognize this purchase is

Using this formula

Cost basis=Cash+Note payable+Mortgage

Let plug in the formula

Cost basis=$32,829+$26,957+$57,415

Cost basis=$117,201

Therefore The cost basis recorded in the buyer's accounting records to recognize this purchase is $117,201

7 0
3 years ago
Louise purchased a disability policy when her salary was $4,000 a month. Later, she lost that job and her salary was reduced to
kondaur [170]

Answer:

$3,500

Explanation:

This is because every Health and Disability Income Policy express the conditions and provisions for continuation of the contract on the new income level.

3 0
3 years ago
carole earns $2.50 for each gadget she completes. what was her gross pay if she completed 145 gadgets last week? a. $362.50 b. $
NARA [144]
$2.50*145= $362.50

362.50
8 0
3 years ago
The Dominican Republic and Nicaragua both produce coffee and rum. The Dominican Republic can produce 20 thousand tons of coffee
Dafna11 [192]

Answer:

The answer should be un terms of the traded goods. In the case of the minimum price of rum, it is 0.5 barrels of rum per one ton of coffee. In the case of the maximum price of coffee, it is 6 tons of coffee per barrel of coffee.

Explanation:

These values come from the analysis of opportunity cost that both countries have at the moment of use the production capacity: if the Dominican Republic decides to produce rum, then it would give up on coffee. The same with Nicaragua, when it chooses to produce coffee, it gives up producing rum. The potential trade opportunities arise in the mix of prices where both countries can take benefit form the exchange of goods (obtaining more of one product than producing with its own capacity). This is called comparative advantages, and it is a theoretical justification of international trade.

7 0
3 years ago
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