Answer
Ways that a company can foster innovation are ;
• Organize the company with a centralized structure using functional departments and reward short-term results.
• Establish a cross-functional team with members from research , manufacturing and marketing department to guide a new product’s development from the beginning to the end
This could be used to achieve competitive advantages by creating a culture of innovation that will best drive inspiration and encourage workers to push beyond come up with something new.
Explanation
Innovation should be a constant process practiced in a business for the success of entrepreneurs. Innovations enable companies to seize new opportunities and occupy a market share. Companies should adopt the technique of leading from the front by having leaders that are bold thinkers and passionate about their work. Workers should feel independent to come up with their own innovative thinking and pursue ideas into real things. When a company build effective teams the members will be dependable and believing in long term results of team’s efforts. Innovation is essential for companies because it put them at a competitive position to seize the new market of consumers that are using current products and services.
Answer:
$28,800
Explanation:
When an insurance policy or cover is paid for in advance, the entries posted are debit prepaid insurance and credit cash account.
As the insurance cover expires, the prepaid insurance account is credited and the insurance expense account is debited. Hence, the balance in the prepaid insurance account is the net of the debits and the credits so described.
For the liability policy, one year cover to be expensed
= 12/18 × $43,200
= $28,800
Balance left = $43,200 - $28,800
= $14,400
For the crop damage policy,
one year cover to be expensed
= 12/24 × $28,800
= $14,400
Balance left = $28,800 - $14,400
= $14,400
The balance in Eve's Prepaid Insurance account as of December 31, 2021
= $14,400 + $14,400
= $28,800
Answer:
Structurally unemployed.
Explanation:
This form of unemployment in many cases has targeted its explanation towards the shift of the nations economy. This is seen to be true even though other factors affect it just like the scenario seen above for Robert. Roberts case shows that scientific and technological advancement can bring about this form of unemployment as it explains that robots will have to take over the jobs in the working environs for the time they will be away.
This will be also seen for a an analyst who has failed to acquire a form of proficiency in programming languages too.
Answer:
Multitasking
Explanation:
Multitasking is when a person do the multiple things simultaneously,<em> in the case of Susie she's simultaneosly working on one task and another.</em>
I hope you find this information useful and interesting! Good luck!
Answer:
The correct answer is a. $55,000.
Explanation:
This problem requires us to calculate the total stockholders' equity. Total of assets, liabilties and retain earnings is given in the question. We can calculate the stock amount by using simple balance sheet equation that is given below.
Total Assets = Total laibilities + Retain earnings + Equity
Equity = $ 85,000 - $ 21,000 - $ 9000
Total Stockholders' Equity = $ 55,000