<span>Firm that uses alliances and connections with corporate, government, academic labs, and consumers to develop new products and processes uses open innovation, a newer approach to R&D.
In open innovation, firms should be using external and internal ideas, paths to market and advance their technology. R&D stands for research and development and this is a new way to describe, with some changes, a way organizations to conduct research and development. </span>
Answer:
Correct Answer:
A. An economic system is a way of organizing the production and distribution of goods and services in an entire economy.
Explanation:
Capitalism, which is an economic system in which a country's trade and industry are controlled by private owners for profit, rather than by the state helps in ensuring the adequate running of the country. <em>It is a method whereby goods and services are organized in an entire economy through private investments and firms.</em>
Answer:
$56,500
Explanation:
Manufacturing overhead refers to indirect factory-related costs incurred when a product is manufactured.
To calculate the balance in the Manufacturing Overhead account, we will add the beginning balance to the indirect materials to production and indirect factory labor cost.
June 2: Issued $500 of indirect materials to production.
June 13: Incurred $15,000 of indirect factory labor cost.
= $41,000 + $500 + $15,000
= $56,500
The balance in the Manufacturing Overhead account following these transactions will be $56,500.
Answer:
The correct answer will be "Divestment strategy".
Explanation:
- Liquidating in something like a declining state of just an economy as soon as humanly possible.
- Attempting to sell the corporation slightly earlier usually significantly increases the firm ’s financial performance, as consumers are still not sure what it is that the economy is expected though the, maybe every organization throughout the industrial sector starts marketing, buyers would have a bargaining benefits as well as expect to be paid very little significance.
