Answer:
B. Have employees in marketing communicate customer feedback to employees in research so that people in research work to solve customers’ problems.
C. Make sure technical employees are aware of the latest technological innovations and engage in cross-functional discussion about how they could be used to achieve competitive advantage.
D. Establish a cross-functional team with members from research, manufacturing, and marketing departments to guide a new product’s development from beginning to end.
Explanation:
To foster innovation and creativity in the company needs to create a cross-functional team to handle new ideas, this will result in every department providing relevant input that will make the idea a success.
Reduction in interdepartmental barriers will help in knowledge sharing between colleagues in different departments.
Customer feedback is very important as this makes the team focus on competitive advantage while bringing new solutions to the customer. If a new product is introduced and customers do not buy then the main aim of innovation is defeated.
A central structure discourages innovation, but a flat structure where each employee can provide valuable input fosters innovation.
Answer:
B.1,000,000, $18 per share
Explanation:
The computation is shown below:
Given that
Number of shares outstanding = 1 million
The current price per share = $20
And, the dividend received = $2 million dollar
So, the number of shares outstanding is given i.e 1,000,000 shares and the worth is $18 per share that is computed below:
= Current market share - dividend
= $20 - $2
= $18 per share
Answer:
Contract Manufactring
Explanation:
From the question, about U.S. plane manufacturer McDonnell-Douglas who has authorized Mitsubishi Heavy Industries, a Japanese company, to use its trademarks, patents, and other proprietary knowledge to manufacture F-15 fighter planes. Mitsubishi Heavy Industries pays McDonnell-Douglas. In this case, This is an example of Contract Manufacturing. Contract manufacturing can be regarded as the way of outsourcing of parts that are needed during the process of manufacturing of a particular product when relating with third party.
It is called A COST DRIVER. A cost driver refers to any factor that causes a change in the cost of an activity. Cost driver is used to assign overhead costs to the quantity of a particular goods that is manufactured. Example of a cost driver is direct labour hours input into a production operation.
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