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malfutka [58]
3 years ago
7

Nokia's dramatic operational change and demonstration of organizational adaptability in transforming their business from wood pu

lp and logging to communications is one of the best examples of which innovation characteristic
Business
1 answer:
Reil [10]3 years ago
6 0

Answer: Thinking laterally

Explanation:

Lateral thinking simply refers to an indirect way of solving problems. It typically involves a new and creative way of doing something.

This can be seen in Nokia's dramatic operational change and demonstration of organizational adaptability in transforming their business from wood pulp and logging to communications.

Lateral thinking is a new and innovative wa of doing something that's quite different from how others do it. This usually gives an organization a competitive advantage over its rivals.

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_____ involves looking at trends and discontinuities and imagining possible alternative future to build a framework within which
KatRina [158]

Answer:

The correct answer is letter "A": scenario building.

Explanation:

Scenario building refers to the efforts companies make to scheme adverse situations that could arise in the future and link the consequences of those events with the way it could affect the operations of the firm. Scenario building is part of the strategic planning of the company.  

Organizations cannot predict exactly what will happen in the future but they can set contingency plans to be ready in front of different situations that could arise.

3 0
3 years ago
Read 2 more answers
ACB Manufacturing purchased $6,000 of merchandise inventory from a vendor on account with credit terms of 2/10 or n/30. Because
adoni [48]

Answer:

The answer is: Inventory cost is $4,900

Explanation:

ACB Manufacturing purchased $6,000 worth of merchandise with credit terms 2/10 or n/30. This means that if the company pays its debt within 10, it will receive a 2% discount.

It returned $1,000 worth of defective merchandise, decreasing its total debt to $5,000. Since ACB Manufacturing paid its debt within the first ten days, it got a 2% discount. It paid a total of $4,900 for the merchandise, so that should be its inventory cost.

4 0
3 years ago
If we standardized both variables, what would be the regression equation that predicts standardized mortgage amount from standar
aalyn [17]

Answer:

b_{1} = r \frac{Sy}{Sx} = -0.84

b_{0} = y - b_{1} x

The mortgage will be 220.88

The interest amount will be 7.768

Explanation:

Regression model is used to identify the relation between two variables. In the given question the regression model fits best to identify the mortgage amount from interest rates. The interest rate and mortgage both are quantitative values so the regression model is most suitable for this.

4 0
3 years ago
Which of the following best illustrates the importantance of addressing the three questions of economics
kupik [55]

Answer:

The three question of economics are: what to produce, how to produce and for whom to produce? All of this implicate the scarcity of resources, which is what sums up all three questions. How to efficiently use what we have in order to make the biggest output possible? Inputs are limited, and businesses should use resources wisely, in a planned manner.

4 0
3 years ago
A market has four individuals, each considering buying a grill. Assume that grills come in only one size and model. Martina cons
artcher [175]

Answer:

Martina

Javier :

Kama

Explanation:

The people that would participate in the market are those whose willingness to pay is higher than the market price for the grill.

The willingness to pay is the highest amount a person would be willing to pay for a good

Martina : $400 > $300  would participate

Javier : $350 > $300 would participate

Kama : $320 > $300 would participate

Lina : $200 < $300 would not participate

5 0
3 years ago
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