Economic growth is _________

Which of the following is true of innovation? a. Innovations are less likely to come from small businesses than from big busines

Alchen [17]

Answer:

The correct answer is d. Small businesses supply over half of all innovations in the U.S. marketplace each year.

Explanation:

The Patent System (SP) is an incentive scheme to boost the process of invention-technological innovation. The primary objective of a SP is that it has the capacity to protect innovators with the purpose of increasing the technical progress of the economy, but that, at the same time, it is efficient in spreading these innovations in order to boost economic development.

It is generally believed that small companies make little use of the patent system because they find it complicated and difficult; Some even think they don't even exist. However, studies show that "less relevant" companies were more active in developing emerging technologies than expected.

In this sense, it was shown that companies with less than 25 employees promoted more patents than companies that housed 50 workers who, in turn, developed a greater number of patents than companies with 100 employees, and so on.

7 0

3 years ago

__________ fairness refers to the perceived fairness of the process with which a firm handles customer complaints

Phantasy [73]

Answer:

Procedural

Explanation:

Procedural fairness is a justice practice used to obtain the highest level of evidence-based confirmation. Its characteristics are consistency, ethics and precision.

It is more used in companies because it uses impartiality to forecast results, which increases the satisfaction of consumers, who feel relevant in the process.

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3 years ago

Jermaine Dye Corporation acquired two inventory items at a lump-sum cost of $50,000. The acquisition included 3,000 units of pro

vesna_86 [32]

Answer:

Gross profit=15,000-9,375=$5,625

Explanation:

Gross profit can be calculated by the any corporation as follows:

Gross profit: Sales- Cost of sales

In given scenario, sales and cost of sales can be determined as follows:

Sales=Number of LF units sold by Jermaine Dye Corporation*sale price per unit of LF

=1,000*15=$15,000

The corporation is selling LF for 15$ which is 3 times the price at which it is selling 1B and assuming that the entity is earning same gross profit margin on both products, then cost of sales can be determined as follows:

Lets say that cost of one unit of "1B" is "z" then the cost of one unit of "LF" will be "3z" and following equation can be formed for cost of sales:

3,000(3z)+7,000(z)=50,000

9000z+7000z=50,000

16,000z=50,000

z=$3.125(50,000/16,000)=cost of one unit of 1B

Cost for one unit of LF=3*3.125=$9.375

Cost of sales for 1,000 units=9.375*1000=$9,375

Gross profit=15,000-9,375=$5,625

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4 years ago

How do public relations and advertising differ?

lukranit [14]

Answer:

B. Advertising focuses on paying for time or space that allows advertisers to disseminate their organization's messages about its products and services; in public relations, credibility helps to earn media recognition.

Explanation:

Public relations involve the creation of a good reputation in society. In public relations, a business engages in activities that create good relations with consumers and the media. The media picks good deeds of the company and writes, thereby promoting the brand name of the business.

A significant difference between advertising and public relation is that advertisements are paid for while public relations is free. Public relations activities will include the business sponsoring publicized events such as sports and art concerts. Participating in charity work is also a way of creating a good reputation. The business benefits by getting an opportunity to promoting its brand name in these events.

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3 years ago

What aspects of managing your account were probably more difficult before online banking was available?

sveticcg [70]

Answer:

One of the main advantages of online banking is that you can access information about your account immediately and from anywhere. Before online accounts were available, you had to go to a bank or ATM on some specific cases if you wanted to carry out any type of transaction, e.g. pay a service or transfer money. Online accounts make it less likely for a person to go to a bank, e.g. in order to get a loan, I did it all online, I didn't even need to go to the bank.

5 0

3 years ago

Economic growth is __________.