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DedPeter [7]
3 years ago
9

Schumpeter (1934) made an early characterization of innovation as any of five phenomena: 1. The introduction of a new good 2. Th

e introduction of a new method of production 3. The opening of a new market 4. Access to (‘conquest of') new sources of raw materials or components 5. The introduction of new forms of organization Do you agree with his characterization? Justify your answer.
Business
1 answer:
RideAnS [48]3 years ago
3 0

Answer:

Yes I agree

Explanation:

I do agree with the early characterization of innovation for the following reasons. They are :

-- The meaning of innovation means that its a new idea, a new method or a new product. It deals with the newness of any thing. Now for the characterization of innovation by Schumpeter, it suggests that it deals with the newness of any item or market or any product. Some of the people may argue that a market place is  not a new concept, it existed from before and the marketers do identify the market. So it is a innovation and not a discovery.

Thus innovations is also about identification and exploring the unexplored areas.Innovation is a vast word and have a vague meaning. Schumpeter characterized suggests that innovation covers a wide area.

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Suppose you decide to deposit $25,000 into a savings account that pays a nominal rate of 15.60%, but interest is compounded dail
leonid [27]

Answer:

the amount after three months is $25,994

Explanation:

The computation of the amount after three months is as follows:

As we know that

A = P × (1 + rate of interest ÷ number of compounding period)^number of compounding period × time period

Where,

A = Accrued amount

P = Principal = $25,000

r = 15.60%

t = 3 ÷ 12 = 0.25

So,

A = $25,000 × (1 + 0.156 ÷ 365)^365 × 0.25

= $25,994

Hence, the amount after three months is $25,994

4 0
3 years ago
The ____ flow of information needed from the CSIRT to organizational and IT/InfoSec management is a critical communication requi
Softa [21]

Answer:

The answer to this question is Upward.

Explanation:

CSIRT is at lower level then the organizational and IT/infoSec management in the hierarchical structure.

So if the CSIRT sends some information to organizational and IT/infoSec the flow should be considered as upward flow.

Hence we that the answer to this question is upward.

7 0
3 years ago
You and a friend go clothes shopping and find a great pair of jeans. They fit you perfectly, but they also cost $100. You are wi
Schach [20]
3. Both of you, because you both like the jeans
8 0
3 years ago
Drag each tile to the correct box.
Fittoniya [83]

Answer:

Convenience checks: consumers use these to reduce their available credit in exchange for cash.

Installment loan: consumers make recurring fixed payments.

Introductory interest free: consumers can enjoy a set period of zero interest credit.

Revolving credit: consumers borrow an amount that they don’t have to pay off by a specific date.

Explanation:

In Business, credit can be defined as money or a loan facility agreed upon by a lender and a borrower, who is obligated to repay the lender at a specified date mostly with interest depending on the terms and conditions.

Credit generally decreases assets or increases liabilities and equity on the balance sheet of an organization.

3 0
3 years ago
A change from straight-line depreciation to double-declining-balance depreciation would be reported as__________.
sertanlavr [38]

A change from straight-line depreciation to double-declining-balance depreciation would be reported as a restatement of the prior period statements only.

The term depreciation refers to an accounting technique used to spread the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of an asset's value has been used. It allows companies to generate income from the assets they own by making payments over a period of time.

Depreciation expense is apportioned to charge a reasonable portion of the depreciation amount for each accounting period over the expected useful life of the asset. Depreciation includes the depreciation of assets with a predetermined useful life.

Learn more about depreciation here:brainly.com/question/1203926

#SPJ4

8 0
2 years ago
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