Answer:
The correct answer is letter "D": foster an innovative culture and climate that permits experimentation, risk-taking, and failure.
Explanation:
In Ron's case, as the research conducted by his team seems to be correct, even if he does not feel sure about the new shampoo produced he should <em>promote an innovative culture among his subordinates</em>. While innovating, some companies may manufacture goods that do not provide any benefits to the company but it is most important to analyze why the project failed and what could have been done differently to provoke different results.
<em>Entities carry certain risks at the moment of starting operations and must not be discouraged by failure.</em>
Answer:
$40,000
Explanation:
Based on the information given How much of the amount of $50,000 that Van must include in his taxable income will be $40,000 ($50,000-$10,000). The reason why he must pay tax on the amount of $40,000 gain ($50,000-$10,000) on the sale of the policy is that all the necessary requirements for the death benefit has not been meant by Van.
Therefore Van must include in his taxable income the amount of $40,000.