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2 years ago

The emergence of self-driving cars is an example of ""creative destruction"" because.

Business

1 answer:

Schach [20]2 years ago

8 0

This is because: Self-driving cars will be less expensive to build than current cars.

<h3>What is creative destruction?</h3>

This term was coined by Joseph Schumpeter. The concept of creative destruction refers to the process of economic innovation, in which some products are replaced by others, or some firms die because they are driven out of the market by others, and so on.

When a company produces a new good that makes the old ones already in the market obsolete, the company is said to be creatively destroying the old goods.

An classical example of creative destruction occurred when Steve Jobs introduced the Iphone in 2007.

Therefore, the emergence of self-driving cars is an example of ""creative destruction"" because self-driving cars will be less expensive to build than current cars

Learn more about creative destruction here : brainly.com/question/4303014

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PA11.

NARA [144]

Answer:

Using Traditional allocation method

Allocation rate per unit

= Budgeted overhead

Budgeted direct labour hours

Brass

Overhead allocation rate

= $47,500

700 hours

= $67.86 per direct labour hour

Gold

= $47,500

1,200 hours

= $39.58 per direct labour hour

Using activity-based costing

Brass

Allocation rate for material cost pool

= $12,500

400

= $31.25 per material moved

Gold

Allocation rate for material cost pool

= $12,500

100

= $125 per material moved

Brass

Allocation rate for machine set-up pool

= $35,000

400

= $87.50

Gold

Allocation rate for machine set-up pool

= $35,000

600

= $58.33

Explanation:

Using traditional allocation method, the overheads for material cost pool and machine set-up pool will be added. The overhead allocation rate per unit is the division of total overhead by the direct labour hours for each product.

Using activity-based costing, the material cost pool overhead will be divided by the material moved for each product in order to obtain allocation rate for each product.

The allocation rate for machine set-up pool is obtained by dividing the machine set-up overhead by the number of machine set-up for each product.

4 0

3 years ago

Starting the next task before the first task is complete is _____ Group of answer choices slack lead negative lead float lag

Charra [1.4K]

Starting the next task before the first task is complete is lead.

In the eyes of some businesses, a "lead" is a contact that has already been identified as a potential client, whereas for other businesses, a "lead" is any sales contact. However, a lead's potential to become a future client is the same regardless of how it is defined.

A lead is, to put it simply, a person or group who is interested in what you are selling. Contact details are shared, such as an email address, a phone number, or even a social network account, to demonstrate the interest.

Learn more about Lead here brainly.com/question/5687830

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6 0

2 years ago

Of the four sources of cash listed below, which can be found in the balance sheet?a. funds provided by operations.b. funds provi

My name is Ann [436]

Answer: b. funds provided by borrowing.

c. funds provided by the sale of assets.

d. funds provided by issuing common or preferred stock.

Explanation:

The financial statement consists of two main components which are the balance sheet and the income statement. The balance sheet simoly shows the financial standing of a firm.

Of the options, those that can found in the balance sheet are:

b. funds provided by borrowing.

c. funds provided by the sale of assets.

d. funds provided by issuing common or preferred stock.

5 0

3 years ago

Alpha and Beta, two small economies, can produce cheese or butter with the same resource, raw milk. Assuming constant opportunit

stiks02 [169]

Answer:

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

By choosing to produce one pound of butter, Alpha is forgoing the opportunity to produce one more pound of cheese

Opportunity cost = 30/15 = 2

6 0

3 years ago

7. The management accountant for Giada's Book Store has prepared the following income statement for the most current year: Cookb

vekshin1

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Travel Book

Sales= $164,000

Cost of goods sold= (67,000)

Contribution margin= 97,000

Order and delivery processing (25,000)

Net income= 72,000

Rent and allocated corporate costs remain constant in both decisions (drop or not). Therefore, they are irrelevant.

Now, if the travel book product line was discontinued, the company's net income would have decreased by $72,000

8 0

3 years ago