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astraxan [27]
3 years ago
14

Dan kim does a lot of customer research on his ideas for new products before actually making a prototype. in the new-product dev

elopment process, this stage is calle
Business
1 answer:
GarryVolchara [31]3 years ago
7 0
<span>the part of the development process where Dan Kim does his research on his ideas is called innovation which is where new ideas are transformed into new products</span>
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What are some ways I can help the economy
Temka [501]

Answer:    

Lower interest rates – reduce cost of borrowing and increase consumer spending and investment.

Increased real wages – if nominal wages grow above inflation.

Higher global growth – leading to increased export spending.

Devaluation, making exports cheaper and imports more expensive, increasing domestic demand.

Explanation:

Some ways you can help the economy are

1. Lower interest rates – reduce cost of borrowing and increase consumer spending and investment.

2. Increased real wages – if nominal wages grow above inflation.

3. Higher global growth – leading to increased export spending.

4. Devaluation, making exports cheaper and imports more expensive, increasing domestic demand.

7 0
3 years ago
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A​ single-price monopoly​ _______. A. experiences economies of scale over the relative portion of the LRAC curve B. is a price t
Allisa [31]

Answer:

C

Explanation:

Because he can not price discriminate

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3 years ago
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Blake Company purchased two identical inventory items. The item purchased first cost $18.00, and the item purchased second cost
murzikaleks [220]

Answer:

c. Ending inventory will be lower if Blake uses weighted average than if FIFO were used

Explanation:

To check which answer is correct, we simply evaluate each option step by step.

<u>Option A</u>

Gross margin is the difference between selling price and cost.

Under FIFO gross margin is $14. (32 -18 =14)

Under LIFO gross margin is $13. (32-19 = 13)

Thus statement is incorrect as gross margin is higher if FIFO is used.

<u />

<u>Option B</u>

If FIFO is used, the dollar amount of ending inventory will be $19 as ending inventory will contain product purchased later that is at $19. In contrast, if LIFO is used, the dollar amount of ending inventory will be $18. Thus the statement becomes incorrect that it will be the same.

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<u>Option C</u>

The ending inventory under FIFO is $19.

The ending inventory under LIFO is $18

The endng inventory under AVCO or weighted average will be, 18+19 / 2 = 18.5

Thus the statement is correct as the ending inventory under weighted average $18.5 is lower than ending inventory under FIFO $19. So, C is the correct Answer.

3 0
3 years ago
Patio Creations is a manufacturer of outdoor furniture. Typically, customers purchase the company's products as the summer seaso
dmitriy555 [2]

The supply chain strategy that would work best for Patio Creations is the push strategy. This is further explained below

<h3>What is a push strategy?</h3>

A push marketing strategy, also known as a push promotional approach, is sim[ply defined as mone in which a company strives to take push its items to customers.

In conclusion, the push strategy helps the company strives to push its items to customers.

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7 0
2 years ago
Which of the following statements is false regarding audit reporting?
Mnenie [13.5K]

Answer:

None      

Explanation:

In simple words, audit reporting or auditing refers to the process under which an independent third part, licensed by the regulatory body, examines the financial statements of an organisation to check if such statements depicts fair information and are made as per the regulatory standards.

The auditor if satisfied gives the positive assurance and if not then he or she can ask for further information or can directly report the statements to the regulatory bodies.

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