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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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1. A company sells a plant asset that originally cost $375,000 for $125,000 on December 31, 2017. The accumulated depreciation a
qaws [65]

Answer:

The company should recognize a loss on sale of plant asset of $100,00.

Explanation:

The cost = $375,000

Accumulated Depreciation = $150,000

Therefore, book value = $225,000

This book value is compared with the sales value of $125,000.

There is a difference of $100,000 ($225,000 - $125,000).

Since the book value is greater than the sales value, it means that the plant asset was sold at a loss.

The cost is the amount at which the plant asset was purchased.  The accumulated depreciation represents the cost that has been expensed so far.  The sales value is the amount at which the plant asset was sold.

6 0
2 years ago
Real GDP per capita in the U.S. grew from about​ $6,000 in the year 1900 to about​ $51,500 in​ 2016, an average growth rate of​
ollegr [7]

Answer:

36.84 years and 31.82 years

Explanation:

In this question ,we applied the rule no 70 which means we get to know the estimated number of years for doubling the real GDP

In the first case, the estimated number of years

= 70 ÷ average  annual growth rate

= 70 ÷ 1.9%

= 36.84 years

In the second case, the estimated number of years

= 70 ÷ average  annual growth rate

= 70 ÷ 2.2%

= 31.82 years

8 0
2 years ago
A _____________________ is created during the first half of the Sprint planning meeting and a _________________ is created durin
Anna007 [38]

Answer:

The correct answer is letter "C": Sprint Goal, Sprint Backlog.

Explanation:

Sprint Planning is the first event where the task to be done in the course of the sprint is planned. In this meeting, the <em>Scrum Master, Product Owner, and the Developing team</em> meet. After brainstorming, the Sprint goal is set during the first half of the planning. In the second half, the Sprint backlog is created to establish the steps that will be taken in the effort of achieving the Sprint plan.

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3 years ago
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Colt1911 [192]
<span>The strategy of appealing to different types of customers in this way is an example of product definition.
</span><span>The product definition includes product concept, design requirements and specifications, features, target market.
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3 years ago
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U don’t need a college degree to be a bank teller
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