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Helga [31]
3 years ago
12

Product innovation refers to efforts to create designs and applications of technology to develop new products, while __________

innovation refers to efforts to improve the efficiency of organizational systems such as manufacturing and operations.
Business
1 answer:
Troyanec [42]3 years ago
5 0

Answer:

Process innovation

Explanation:

Product innovation refers to efforts to create designs and applications of technology to develop new products, while <u>process</u> innovation refers to efforts to improve the efficiency of organizational systems such as manufacturing and operations.

Process inovation: It is a type of innovation that involve in improvement of process in producing goods and services. It also implement new technique and procedure to improve production or delivery method. It is also effective in reducing cost of production.

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Michael Co. is a corporation that sells breakfast bars. Based on the accounts listed below, what are Michael's total trade recei
Thepotemich [5.8K]

Answer:

B. $42,000

Explanation:

Trade receivables refers total amounts that customers of a company are owing the company for goods or services sold to them.

For Michael Co., this can be calculated as follows:

Michael's total trade receivables = 3-month note due from Michael's main customer + Due and unpaid from this month's sales + Due and unpaid from last month's sales

Therefore, we have:

Michael's total trade receivables = $12,000 + $19,000 + 11,000 = $42,000.

Therefore, Michael's total trade receivables is $42,000.

7 0
3 years ago
The following information is available for Moiz Company:________.
notsponge [240]

Answer and Explanation:

1. Interest Revenue $23,000  

 Sales Revenue $510,000  

              To Income Summary $533000

(Being closing of revenues accounts are closed)

2. Income Summary $453,000

  To Sales returns $20,000

      To Sales Discounts  $7,000

     To Cost Of goods sold $310,000

     To Freight out $2,000

      To Advertise Exp $15,000

      To Interest Exp  $19,000

      To Salaries & Wages $55,000

      To Utility  $18,000

      To Depreciation $7,000

(Being closing of expenses accounts are closed)

3. Income Summary $80,000

      To Retained Earning $80,000

(Being profit is recorded)

4. Retained Earning $30,000

        To Dividends  $30,000

(Being closing of dividend is recorded)

8 0
3 years ago
What is an important part of taking meeting minutes?
Makovka662 [10]
An important part of taking meeting minutes is C. PAYING CLOSE AND CAREFUL ATTENTION.

A meeting minutes can be described as a log of chronological event within the meeting. It is a log wherein everything that happened during the meeting is noted. Like who led the meeting, the topics discussed, the questions raised and the answers given. It also records the plans for future discussions and resolutions reached during the meeting.
3 0
3 years ago
The company is gearing up for next year’s events and determining where to hold them. Customer feedback, logistics, and pricing o
SSSSS [86.1K]

Answer:

team

Explanation:

Using a <em>team </em>of employees for tasks that are cross-department  based is a better solution than letting each individual work on a task and just ask other departments for reference and help if needed. When working on important projects such as this one, the most efficient way is to put employees from the tackled departments into one team. This way, communication and collaboration is vastly improved.

8 0
3 years ago
Who's copping the candy axe?
drek231 [11]

Answer:

not me

Explanation:

6 0
2 years ago
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