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:
What is Bob’s basis in the warehouse and in the land?
- warehouse basis = $53,571
- land basis = $71,429
Explanation:
since the total appraisal value was $75,000 + $100,000 = $175,000, we must allocate the basis using a coefficient = $125,000 / $175,000 = 0.714285
- warehouse basis = appraised value x coefficient = $75,000 x 0.714285 = $53,571
- land basis = appraised value x coefficient = $100,000 x 0.714285 = $71,429
- total = $53,571 + $71,429 = $125,000 (total purchase price)
Since the transaction price was lower than the appraised value, we must adjust the basis for both the land and the warehouse in the same proportion.
The consumer price index last year must have been 158.58.
<h3>What was the consumer price index last year?</h3>
The consumer price index is used to measure inflation. It does this by measuring the changes in the price of a basket of good.
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
CPI last year = (100 - 3.1) x 163.65 = 158.58
To learn more about, consumer price index, please check: brainly.com/question/26382640
If this growth rate continues, what would be the stock price in four years if the P/E ratio remained unchanged? What would the price be if the P/E ratio increased
Answer:
contingent liabilities are journalized when they are both probable and estimable.
EPA's fine, states it is probable it will stand.
Damage awards and fines DR $248,000
Contingent Liability-fines CR $248,000
Out of court settlement for $130,000. Although since the settlement was just reached, we would just use a payable account.
Damage awards and finesDR $130,000
Awards payable CR $130,000
The homeowner lawsuit is not thought to be a strong case, plus the amount of any actual damages is unforeseeable, therefore a journal entry would not normally be needed at all. Although those would still be disclosed to shareholders on financial statements.