Disruptive innovation s a development so fundamentally different and far reaching that it can create new professions, companies, or even entire industries while damaging or destroying others.
The process by which a smaller company—typically one with fewer resources—moves upwards and competes with more established, larger companies is known as disruptive innovation. Disruptive innovation, according to business theory, is innovation that establishes a new market and value network or enters a market from the bottom and eventually supplants long-established market-leading companies, goods, and alliances. An established market was disrupted by Netflix using a new business strategy and technology, a prime example of disruptive innovation. It began by providing a DVD rental by mail service and later introduced its online, paid movie streaming service.
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Answer:
1. Cash balance will decrease
2. Cash-basis net income will decrease
3. Accrual-basis net income will decrease
Explanation:
$900 was paid to the workers by the company in May for $600 work performed in April and $300 in May. If the company follows cash basis, then cash balance will reduce by $900. If the company follows accrual-basis, then cash balance will reduce by $300.
Cash basis net income will decrease by $900 while accrual basis net income will reduce by $300 as $600 would have been accounted in April.
Answer:
$0.9448 per unit
Explanation:
Total cost of paper $15,000
Total cost of ink $4,700
Total cost of cardboard tubing c $2,400
Total cost of plastic <u> $1,520 </u>
Total Cost $23,620
Material Cost per unit = Total Cost / Number of Unit
Material Cost per unit = $23,620 / 25,000 = $0.9448 per unit
An increase in a firm's total asset turnover means that the company is more efficient at using its assets.
<h3>What is Asset turnover ratio?</h3>
Asset turnover ratio can be regarded as the ration that is found which describes the value of a company's sales and value of its assets.
It help the company to analyze the efficiency of the company in deploying its assets.
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