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2 years ago

To generate ideas for new products, some firms will purchase the rights to use another firm's technology. This is known as\

Business

1 answer:

yKpoI14uk [10]2 years ago

5 0

The purchase of the rights to use another firm's technology in the scenario is known as outsourcing.

<h3>What is outsourcing?</h3>

It should be noted that outsourcing simply means the agreement in which a company hires another company in order to be responsible for certain activities.

In this case, this experienced when the firms purchase the rights to use another firm's technology.

Learn more about outsourcing on:

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All of the following are documents used for inventory control except:______.

damaskus [11]

Answer:

c. a petty cash voucher.

Explanation:

For controlling the inventory following documents are to be used i.e.

1. Purchase order

2. Vendor invoice

3. Receiving report

These three documents we called as an voucher package

But it does not involved the petty cash voucher

Therefore the correct option is c.

And, the same is to be considered

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3 years ago

A company's 2013 year-end balance sheet included the following: Jan. 1 Dec. 31 Accounts Receivable $80,000 $100,000Inventory $60

denis-greek [22]

Answer:

B. $170,000.

Explanation:

X company

statement of cash flow

For the year ended

Net income (balancing) (Note - 1) $170,000

Cash flow from operating activities

Depreciation expense $25,000

Increase in account receivable $(20,000)

Increase in inventory $(10,000)

decrease in Prepaid Expenses $25,000

Decrease in Accounts Payable $(20,000)

Increase in Deferred Revenue $30,000

Net cash flow from operating activities $200,000

Note 1:

Net cash flow from operating activities - Total changes in working capital= $200,000-$30,000 = $170,000.

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3 years ago

Best Tools, a manufacturing company, needs to cut costs to remain competitive. The manager of the company believes that the answ

OLEGan [10]

Answer:scientific approach

Explanation:scientific approach is a process of collecting fact and applying

Logical decision technique. It involves the use of big data to source for relevant data for decision making. When using scientific method in business,you must determine the research goal,without a clear research goal you will not be able to draw conclusion from the gathered data from the research.

scientific approach in business involves investigation,evaluation,experimentation,interpretation and theorizing for effective decision making.

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3 years ago

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does the social responsibility and social efficiency of a company weigh into your decision when buying a product

polet [3.4K]

Answer:

yes very much so

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I would not want to associate my self with or support any company that doesn't have any concern for the environment in which operates in. Even if it's social efficiency is high.

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3 years ago

Business ethics are not divorced from personal ethics, which are generally accepted principles of right and wrong goverming the

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Personal ethics

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Concern and respect for the autonomy of others.
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Fairness and the ability not to take undue advantage of others.

Ethics also shield members from harmful actions, such as success, money and power. They also help individuals gain a sense of truth and meaning of life. Unless you have some idea of knowing what is right and what is wrong people have no way to live and feel free to do whatever they want.

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4 years ago

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