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Tanya [424]
4 years ago
12

3M's Cubitron II, described as "an industrial abrasive that cuts faster, lasts longer, sharpens itself, and requires less elbow

grease than any other abrasive on the market" is an example of:
a. a(n) innovation created through a cooperative strategy.
b. imitation of a competitor's product.
c. an incremental innovation.
d. a novel innovation.
Business
1 answer:
Dmitrij [34]4 years ago
4 0

Answer:

C) An incremental innovation.

Explanation:

It is an incremental innovation because it's improving an existing product in some way. It would be a novel innovation if the product developed had been fully new and different from its predecessors.

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A firm has adopted a policy whereby it will not seek any additional external financing. Given this, what is the maximum growth r
dlinn [17]

Answer:

9%

Explanation:

Given:

The net income = $12,000

Total equity = $40,000

Total assets = $80,000

Dividend payout ratio = 40%

Now,

Internal rate of return, r = \frac{\textup{Net Income}}{\textup{Total Equity}}\times100\%

or

Internal rate of return, r = \frac{\textup{12,000}}{\textup{80,000}}\times100\%

or  

Internal rate of return, r = 15%

and,

Retention ratio = 1 - Dividend payout ratio

= 1 - 0.40

= 0.60 or 60%

Now,

Growth rate = Retention ratio × Internal rate of return

or

Growth rate = 0.60 × 0.15

or

Growth rate = 0.09

or

Growth rate = 9%

7 0
3 years ago
Visburg Concrete Company pours concrete slabs for single-family dwellings. Lancing Construction Company, which operates outside
AleksandrR [38]

Answer:

$45,600 and yes

Explanation:

The computation of the contribution to profit from the special order is shown below:

= Sales revenue - Material cost - Labor cost

where,

Sales revenue = $3,300 × 40 slabs  = $132,000

Material cost = $1,440 × 40 slabs  = $57,600

Labor cost = = $7200 × 40 slabs  = $28,800

Now put these values to the above formula  

So, the value would equal to

= $132,000 - $57,600 - $28,800

= $45,600

The material and labor cost is a variable cost and the same is taken in the computation part

So, it should accept the special order

6 0
3 years ago
Craig is a salesperson for an industrial equipment company. Craig calls on factories and spends most of his time talking with eq
julsineya [31]

Answer:

Identify managers and people with authority to decide the purchase.

Explanation:

When you work with an opportunity to sell an important part of your work, to be able to advance until closing, it is to be able to interview the person or people with the power to decide the purchase.

If you discover during your first interviews that the person with whom you initially contacted does not have the authority or influence over the purchase decision, then you need this person to promote your access to the person with the true power to decide. In many cases this is very easy to achieve, but in other cases, you will need to negotiate access to the sphere of power. The most powerful tool at your disposal to negotiate this access is to have created a vision of the solution to your problems in the mind of your interlocutor. Once you have created a vision of the solution, we can say that this person already has a clear idea about how to solve their problems and improve the current situation of the company. You must become a promoter of your solution within your company and serve as an engine to promote your offer in front of the decision group.

5 0
3 years ago
Mark owns his own business and wants to make sure that his employees arrive on time each day and take breaks as specified. He ha
olga2289 [7]

Operant conditioning is used by Mark .

<h3><u>Explanation:</u></h3>

The instrumental conditioning is the other name given for operant conditioning. It can be considered as a method of learning in which  rewards and punishments are used for modification of certain behaviors. This forms a relativity between certain behavior and the consequences of that behavior.

In the example given, Mark has decided to give rewards in order to make his employees to reach office at time. Monthly rewards are given to those employees who did not take breaks and thus he is using the principle of Operant conditioning .

6 0
3 years ago
Why do some teams never reach the highest stage of team development?
bulgar [2K]

Answer:

1) Not having one or more of 4 C: Commitment, Collaboration, Communication and Contribution.

2) To supply all of 4 Cs

Explanation:

Teams cannot reach the highest performance stage by not having one or more of 4 C: Commitment, Collaboration, Communication and Contribution. For example, a team may be losing performance because of a lack of commitment to a common goal. Or a team may be discontinued because the personal styles of each team member have not been studied and their roles are not well defined. Poor communication can lead to poor team performance, such as the lack of quality contributions by one or more members.

Effective team building methods are diverse and include:

-Simple social activities - allows team members to spend time together.

-Group meeting sessions - fun activities that allow team members to get to know each other under the sponsorship of the company.

-Personal development activities - personal changes in groups, sometimes requiring physical struggle

- Team development activities - group dynamics games that reveal how individuals' problem-solving approaches and team work together

- Team roles - psychological analysis of roles and training on how to work better together

-Tam building is generally included in organizational development theory and practice.

Key Tips for Successful Teamwork:

-The goals and guidance should be clear and understandable to all team members.

-The teams should be able to take and manage acceptable risks while communicating and taking action.

- Teamwork environment should be created where team members need an open, honest and respectful communication. Even under stress, members should be expected to maintain good communication.

- A strong commitment to team decisions and actions should be motivated.

Creativity and innovation should be expected in teamwork and teams should be able to solve the problems they face with these two different norms.

-Team, talent and strategy and teams should be expected to aim for continuous development and progress.

- Teams should be motivated to solve the problems of teamwork, not individual members' problems.

- Participatory leadership should be emphasized. It should be ensured that each member of the team is actively able to assume the leadership position for a certain period of time.

- Promote effective or ideal decisions with the agreement and absolute support of the team.

3 0
3 years ago
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