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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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If Marla's company changed its organizational structure from one based on country to one based on industry groups, it would best

kumpel [21]

Answer:

Here the Marla's company can be best described as C) border less organization.

Explanation:

Border less organization which is also commonly know as transnational corporation, is best used to describe a multinational organization, which has its head quarter in one country and various offices, facilities in multiple countries. Being this type of corporation helps a company in targeting larger customer base , utilizing national competences .

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3 years ago

People who make goods and services are called _____ . consumers producers investors

Aneli [31]

People who make goods and services are called PRODUCERS.

They are called producers because they produce the goods and services needed by the consumers.

Consumers are people who requires the goods and services provided by the producers.

8 0

3 years ago

Read 2 more answers

How can you employ one of the most powerful interactive business tools on the Internet today?

topjm [15]

Answer:

Online shopping one of the most powerful interactive business tools on the Internet today.

Explanation:

Today on internet most powerful interactive business tools is online marketing and shopping. The products and goods and services are easily available on internet and just with the help of delivery person anything can be easily delivered to the doorstep.

There are many intermediaries attached to this business and hence making it super profitable. Therefore, b to c business is on a boom these days and the customers needs are satisfied just sitting at home.

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3 years ago

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A. Money taken from your gross pay that you have no control over

zloy xaker [14]

1. Gross income - h. Total income before any deductions are taken

2. Net income - f. Take–home pay

3. Voluntary salary deduction - j. Money you have given

4. Involuntary salary deduction - a. Money taken from your gross pay that you have no control over

5. Fixed expenses - e. Expenditures that are constant from one time period to another

6. Discretionary spending - b. Expenditures that are under your control

7. Fixed income - i. Income that does not vary from one time period to another

8. Principal - d. The initial amount of money that was invested or borrowed

9. Salaried employee - g. Someone who receives a regular salary for employment

10. Insolvent - c. Unable to discharge liabilities or repay debts

4 0

3 years ago

Jimmy's Peanut Farm wants to increase the quantity of peanuts that it sells by 1 percent. The price elasticity of demand for pea

slega [8]

Answer: Jimmy's Peanut Farm has to decrease its prices by 2.5% in order to achieve a 1% increase in the quantity of peanuts it sells.

Jimmy's Peanut Farm can increase the quantity sold by 1% only when the demand for peanuts increases. Demand for peanuts will increase only when the price of peanuts decrease. The Price Elasticity of Demand measures the responsiveness of demand to a percentage change in price.

The formula for Price Elasticity of Demand (PED) is given by the formula:

$\mathbf{PED = \frac{percentage change in quantity}{percentage change in price}}$

We have:

Percentage increase in quantity 1% or 0.01

Price Elasticity of Demand (PED) 0.40

Re-arranging the PED formula above we get,

$\mathbf{percentage change in price}= \frac{percentage change in quantity}{PED} *100}$

Substituting the values in the equation above we get,

${percentage change in price} = \frac{0.01}{0.4}*100 =2.5$

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3 years ago