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3 years ago

Choose a company you know of that you think is good at innovation, describe at least one innovative thing that company has done.

Business

1 answer:

drek231 [11]3 years ago

7 0

Answer:

3M is the one of the most innovative companies which this world has ever seen.

Sticky Post-it-Notes, is the most important innovations of 3M.

Explanation:

3M is the most innovative organisation, ever, on the face of the earth. There are many innovative products 3M has invented; ranging from Scotchguard for your shoes protection, and Scotch Tapes for giving your shoes entirely a new look and feel, phone cases, skins for laptops etc.

Sticky Post-it-Notes, is the most important innovations of the 3M, which changes the many work-related and home-based methods which previously were used for saving and memorizing the information.

How Sticky Post-it-Notes got invented

One of the project team at 3M was working on making glue, the formula went wrong. On analysis, they came to know that they have invented a new kind of glue which is sticky, adhesive and at the same time it can be peel off from the surface as well, so, from here they reached towards a totally new type of product, which is known to today's world as Sticky Post-it-Notes.

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On January 1, 2012, Gucci Brothers Inc. started the year with a $492,000 balance in Retained Earnings and a $605,000 balance in

dsp73

Answer:

option (C) $1,201,300

Explanation:

Data provided in the question:

Balance in retained earnings = $492,000

Balance in Common Stock = $605,000

Net income earned = $92,000

Dividend paid = $15,200

Common stocks issued = $27,500

Now,

Common Stock

= Balance in Common Stock + Common stocks issued

= $605,000 + $27,500

= $632,500

Retained Earnings

= Balance in retained earnings + Net income earned - Dividend paid

= $492,000 + $92,000 - $15,200

= $568,800

Total Stock Holders Equity on Dec 31,2012

= Common Stock + Retained Earnings

= $632,500 + $568,800

= $1,201,300

Hence,

The answer is option (C) $1,201,300

4 0

3 years ago

Your parents will retire in 26 years. They currently have $220,000 saved, and they think they will need $1,950,000 at retirement

Artyom0805 [142]

Answer:

Annual rate of interest is 9%

Explanation:

The annual rate of interest is computed using the excel formula of Rate as:

=Rate(nper,pmt,pv,fv,type)

where

nper is number of years which is 26 years

Pmt is monthly payment which is 0

pv is present value which is -$220,000

fv is future value which is $1,950,000

type is 0

So, putting the values above:

=Rate(26,0,-220000,1950000,0)

=9%

Therefore, the rate of interest is 9%

6 0

3 years ago

Jacob needed money for some unexpected expenses, so he borrowed $5,890.25 from a friend and agreed to repay the loan in seven eq

Anna11 [10]

Answer:

OPTION C i.e 11%

Option A i.e 30.55 year

Explanation:

we know that capital can be calculated as

$Capital = EMI \times PVIFA$

$capital = EMI \times \frac{(1+r))^n -1}{r (1+r)^n}$

from the data given in question we can calculate the value of r

$5890.2 = 1250 \times \frac{(1+r))^7 -1}{r (1+r)^7}$

$4.7122 = \frac{(1+r))^7 -1}{r (1+r)^7}$

solving for r we get

r = 11%

option C

we know that

$Total\ saving = cash flow \times FVIFA$

$= Cash\ flow \times \frac{(1+r)^n -1}{r}$

from the data given we can evealueate the value of n

$8,452,622 = 40,000 \times \frac{(1.11)^n -1}{0.11}$

$\frac{8452622}{40000}\times 0.11 = (1.11)^n -1$

solving for n we get

n = 30.55 year.

Option A

4 0

3 years ago

In a team, constructive criticism should focus on what particular team members are doing wrong and how those mistakes hurt the t

kondaur [170]

Answer:

False

Explanation:

Constructive criticism should not only focus on what people are doing wrong, that is just to criticize someone, there is nothing constructive about that. Constructive criticism is about letting other team members know what they are doing well, and what they are doing not so well (or simply wrong), but it should also include how they can use their abilities and capabilities to correct their mistakes.

4 0

3 years ago

The cost of borrowing money is called _____. risk deposit interest

GaryK [48]

The cost of borrowing money is called the interest. Interest is what you pay to the loan company or lender when you borrow money from them. The interest is what they are charging when they give you money for a purchase now while you pay them back overtime.

8 0

3 years ago

Read 2 more answers