What is formal innovation management?
Answers
Formal innovation management is a structured approach to creating, capturing, and maximizing the value of innovative ideas.
It involves developing a plan for how to identify, evaluate, and implement new ideas, as well as how to measure their success. This includes strategies to develop a culture of innovation, identify sources of ideas and insights, allocate resources, and measure progress.
Formal innovation management focuses on the processes, systems, and tools used to identify and manage potential opportunities, and to ensure that those opportunities are pursued and implemented in the most effective and efficient way.
This involves collaboration and communication among stakeholders, and a focus on creativity, risk-taking, and experimentation. By taking a structured approach to managing innovation, organizations can create a culture of continuous improvement, reduce risk, and create competitive advantages.
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Related Questions
marcus is applying for a new job. they have asked for copies of his transcripts, a list of personal references, and letters of recommendations from his past employers. he also has to complete a face-to-face interview. which of these is the best indicator of his potential performance at this new job? please choose the correct answer from the following choices, and then select the submit answer button. answer choices the recommendations from his past employers his list of personal references the interview his transcripts
Answers
Marcus is putting in a job application. Face-to-face interview is the best indicator of his potential performance at this new job.
Face-to-face interviews are structured interviews carried out by professional interviewers who utilise a standard interview methodology and a standard set of replies to capture the responses of participants.
With the use of this technique, factual data, consumer opinions, attitudes, preferences, and other information that emerges from the respondent's dialogue may be collected. Face-to-face interviewing enhances the accuracy of the data collected and boosts response rates.
Employee development uses the concept of potential vs. performance to distinguish between the sometimes conflated ideas of performance and potential. Performance describes the regular outcomes that individual displays in their present position, but potential forecasts the chance of future success.
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What do you think are the most important components of budgeting? Why?
Answers
Answer:
I would have to say figuring out ur cash flow where its going after u earn it and making sure u keep track of ur savings
Explanation:
what is business and what is occupation
Answers
Answer:
Business:
A person's regular occupation, profession, or trade.
Occupation:
A job or profession.
Explanation:
I looked them up in a dictionary.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOULook at the following chart. Producer A · Can produce 200 apples and 100 oranges in one day - Can produce 400 apples and o oranges in one day
Answers
Answer:
D
Explanation:
Based on the following information, the opportunity cost of producer A is to choose to grow both varieties of fruits or apples only. Thus the correct option is D.
What does the opportunity cost?A situation of abundance, where an individual has a variety of options available and chooses one option over another by evaluating their importance is referred to as opportunity cost.
In the given case, it is explained that Producer A's opportunity cost needs to determine between two choices. It states in the chart that producer A produces 200 apples and 100 oranges in a day. It also states that he can produce 400 apples and 0 oranges in one day.
Opportunity costs can be seen in every situation where a person is required to decide between something and giving up something else. In accordance with this theory, economic agents choose options that maximize benefits.
Therefore, option D is appropriate.
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All types of work are covered by a minimum wage?
Answers
I don’t understand this and need help
Answers
Filtration is a(n) ______ method of achieving sterilization. A. antiseptic. B. germicidal. C. degerming. D. viricidal. E. germistatic
Answers
Filtration is a(n) C. degerming method of achieving sterilization.
Filtration is a process that involves passing a substance or fluid through a filter to remove particles, microorganisms, or other contaminants. It is commonly used in various industries, including healthcare, pharmaceuticals, and food processing, to achieve sterilization or the removal of microorganisms.
Option A (antiseptic) refers to substances applied to living tissue to inhibit the growth or activity of microorganisms.
Option B (germicidal) refers to methods or agents that kill or inactivate microorganisms.
Option D (viricidal) refers to agents or methods specifically targeting viruses for inactivation or destruction.
Option E (germistatic) refers to agents or methods that inhibit the growth or reproduction of microorganisms but do not necessarily achieve sterilization.
Therefore, the correct answer is C. degerming, as filtration is a method used to remove microorganisms and achieve sterilization by physically separating them from a substance or fluid.
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what is utility in business and marketing
Answers
Answer:
Utility marketing is the concept whereby a brand intersects the consumer at the moment of a non-commercial need, addresses their need, becomes a part of their life, and remains with them for when they're ultimately ready to make a purchase.
Analyse, one way a country is likely to
benefit from the expansion of its
business
enterprises.
Answers
Answer:
earning of foreign and upliftment of the host country.
Explanation:
as a bussiness expands into other countries the profits it makes if it becomes successful are retained back to the host country as retained profits and this changes the economy as government earns part pf the revunue due to the tax earnings
Question 11 (Multiple Choice Worth 5 points) (03.05 MC) Christina received an offer for a grant to pay for her college tuition. If she accepts the grant, what does this mean? O She will have to pay back the money after graduation. O She will not have to pay back the money. O She will only have to pay back half of the money after graduation. She will have to pay back twice the amount of money after graduation.
Answers
Christina received an offer for a grant to pay for her college tuition. If she accepts the grant She will not be required to repay the money.
What is a payment from a grant?A payment called a grant is a type of financial aid that is given to a recipient by the government or another organization to help them pay for a project or program. Grants typically come in one lump sum, but they can also come in a series of smaller payments spread out over time.
Most of the time, grants are given out based on how well the applicant can show that their project or program is valuable to the public and will help the community in some way. Research grants, educational grants, community development grants, and business grants are all examples of grants. The recipient of a grant payment is not required to repay the grant money.
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A(n) ______ buying center relies on just one person to make a decision but seeks information from many others and integrates it into the decision-making.
Answers
It's a type of buying center in which the decision is made by one person, but the decision-maker relies on advice and information from others. The person who makes the final decision will take into account the advice, views, and suggestions of other people.
The term that completes the given statement is “consultative. ”A buying center is a group of people who are responsible for making a purchase decision. The size of the buying center varies depending on the complexity of the purchase decision. A small company might have just one buyer while a large company could have many. The buying center may consist of members of different departments in the organization who have different interests, objectives, and evaluation criteria.
Members of the buying center are known as buyers, deciders, influencers, and gatekeepers .Buying centers can be classified as: Autocratic buying center Democratic buying center Consultative buying center Consensus buying center A consultative buying center relies on just one person to make a decision but seeks information from many others and integrates it into the decision-making.
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The Big Bang is the predominant theory explaining the moment that what began?
Scientific theory
Historical cataloguing
The universe
Greek mythology
Answers
The Big Bang theory if the thought to be the creation of everything
Marvel decided that since viewers like to binge-watch an entire season of a show in one sitting on netflix it would create a new channel for getting new offerings to consumers. This reflects a ________ strategy.
Answers
The decision by Marvel to start up a new channel based on what it noticed at Netflix is the Product Development strategy.
Product Development strategy Method used by companies to offer new products to customers. Involves looking at current products to develop newer and better ones.Marvel looked at the product being offered by Netflix and decided to use it to offer an even better product by opening a channel.
In conclusion, this is product development.
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To buy a product, customers in a market must first
Answers
To buy a product, customers must first have the need for the product.
Customers cannot just simply buy anything or everything when it comes to products. People love shopping but money is a very useful and powerful resource and customers understand it well, so they don't want to spend it on useless things.
Firstly, there should be a need or a desire to buy a particular product. After that the customer decides his or her budget or the money he would like to spend on that product. If it crosses his or her budget, then the customer may not able to buy the product.
Lastly, there should be willingness to buy the product. Nowadays, we get impressed by big brands, malls and stores giving us immense discounts for even our daily needs. That is how knowingly or unknowingly, we tend to shop more.
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Marketing segmentation is one of the easiest aspects of marketing.
true or false
Answers
Answer:
false
Explanation:
I THINK IT'S FALSE OK?! I'm a straight B student, if that's enough proof LOL
Review the table below. Highlight or circle the option for Property Damage coverage you would purchase. In the box below, explain why you chose your selection.
Helps you pay for another person's property (car, house, fence, mailbox, etc) in a car accident when you are at fault
No deductible, just pay your premium, and you are covered up to the limit
Basic
$15,000
$20
Moderate
$25,000
$45
Enhanced
$50,000
$60
Answers
I recommend selecting "Enhanced coverage", which offers $50,000 of Property Damage coverage at an annual premium cost of $60.
Why the selection is pickedAs it provides maximum coverage for property damage, I would choose this option because of its comprehensive nature - especially important if a car accident was my responsibility and damaged another party's assets.
While Basic coverage might be cheaper, $15,000 might not cover all costs related to property damage for more costly items like houses or cars. Moderate provides slightly more coverage than Basic option; while enhanced provides higher limits with minimal additional premium costs - both are worthwhile investments for added peace of mind and protection.
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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answers
Answer:monopoly
Explanation:
.
Say that you (or your parents) are purchasing a house for $235,000 and have an excellent credit score. If you pay $1,678.93 at the end of the first month, how much is applied to the principal balance?
Secured Unsecured
Credit APR (%) APR (%)
Excellent 4.75 5.50
Good 5.00 5.90
Average 5.85 6.75
Fair 6.40 7.25
Poor 7.50 8.40
$616.29
$685.25
$721.19
$748.72
Good 5.00 5.90
Average 5.85 6.75
Fair 6.40 7.25
Poor 7.50 8.40
$180.22
$133.88
$124.78
$141.93
Answers
Answer:
the answer should be 748.72
Explanation:
relative to a non-recourse mortgage loan, in a recourse mortgage loan the: a. lender can change the interest rate charged. b. borrower does not have a strategic default option. c. borrower is not liable for any shortfall between the property sale proceeds and the loan amount.
Answers
Relative to a non-recourse loan mortgage, in a recourse loan mortgage the: B) borrower does now no longer have a strategic default option.
The required details for non-recourse loan in given paragraph
In a non-recourse mortgage, the lender does now no longer have a declare in opposition to the borrower and consequently can appearance most effective to the assets to get better the fantastic loan stability. anon recourse mortgage(every so often hyphenated as non-recourse) is a secured mortgage(debt) that is secured with the aid of using a pledge of collateral, normally actual assets, however for which the borrower isn't always in my opinion liable. If the borrower defaults, the lender can capture and promote the collateral, however if the collateral sells for much less than the debt, the lender can't are searching for that deficiency stability from the borrower—its restoration is restricted most effective to the cost of the collateral. Thus, nonrecourse debt is normally restricted to 50% or 60%mortgage-to-cost ratios, in order that the assets itself provides "overcollateralization" of the mortgage.
The incentives for the events are at an intermediate function among the ones of a complete recourse secured mortgage and a completely unsecured mortgage.
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what should you be aware of when looking at for-profit trade schools explain your reasoning
Answers
Explanation:
One of the simplest ways to find out more information about a trade school is to speak with the instructors. It is crucial to take into account the kinds of trades that are provided at this particular school. Particularly if it is preparing you for a career, school can be expensive. However, compared to more conventional Bachelor's degrees, attending trade school could save you tens of thousands of dollars. Before selecting a trade school, you should also think about the type of coursework you will be taking. Last but not least, make sure the trade school you select is accredited. Accreditation indicates that the institution satisfies the accreditor's standards and that the programs have been evaluated by peers in the industry.
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Which statement best illustrates the relationship between three different
elements of the circular flow of products?
A. Product markets offer labor to businesses, which creates jobs for
households.
B. Resource markets sell goods to product markets, which sell the
goods to businesses
C. Households pay wages to businesses, which can then set up
product markets.
D. Businesses create goods for product markets, which sell them
directly to households.
Answers
Answer: is D
Explanation:
The statement, businesses create goods for product markets, which sell them directly to households, is best illustrates the relationship between three different elements of the circular flow of products.
What is a circular flow?
The most popular version of this model displays the circular flow of revenue between the consumer and business sectors. The product market and the resource market are placed between the two.
Consumer spending is the mechanism through which households' money flows to the market for goods and services when they are in need of them. The product market purchases goods and services from companies and sells them to households, making a profit.
As a result, option (d) is correct.
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what was/is the primary economic activity of the cajun people?
Answers
Fishing, hunting, and harvesting of crawfish, ducks, crabs, turtles, frogs, and moss were the main economic activities in the swampland region.
For what are Cajuns renowned?As they acclimated to their new surroundings and inhabitants, the Acadians evolved into Cajuns. Their food, music, and French all underwent changes. The Cajuns of Louisiana are known today for their music, gastronomy, and capacity to uphold history while maximizing the present.
Where do Cajuns originate?The Cajun people are descended from Roman Catholic French Canadians who the British drove from the seized French colony of Acadia (now Nova Scotia and surrounding territories) in the 18th century and who settled in the lush bayou regions of southern Louisiana. Today, the Cajuns live in small, close-knit, largely independent communities.
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18. 3 The Pre-IPO value of the firm i 60M$ and the Pre-IPO number of hare outtanding i 4 Million. Aume underwriting Spread or Flotation Cot i 5%. Determine the number of new hare iued (in million) if gro proceed are valued at 18 million dollar. Hint: Find what percentage of the firm belong to new invetor after IPO and then find the number of new hare iued
Select one of the following anwer:
1. 2183
0. 7841
2. 1489
1. 1234
Answers
The firm belong to new invetor after IPO and then find the number of new hare iued Required Sum = Total Outstanding Shares Cost per share x (1 - underwriter charge) 30,000,000 times the share price times one gives $300,000,000 - 0.07) $300,000,000 + (30,000,000 x). The correct option is 2. 7841.
Dividend by price per share. 0.93) $300,000,000 + 27900,000 = $10.75. Consequently, the appropriate per-share IPO price is $10.75. The share price when the underwriter priced the IPO will impose a 7% management fee, thus it should to be regarded as the $10.75 Calculating the IPO price per share.Make the following calculations first Since Required Amount = Number of Shares outstanding times the price per share times the underwriter.charge)
30,000,000 times the share price times one gives $300,000,000 - 0.07) Now $300,000,000 and more ($30,000,000 x price per share) 0.93) - $300,000,000 27,900,000 = $10.75. A business that wants capital issues fresh investors purchase shares once they enter the market. the stock and donate funds to the company. Consequently, the company loses money. because the selling of current shares will only be advantageous the holder is.
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MARKETING MANAGEMENT SUBJECT
When the interns submit a report to Nick, Nick found the data failed to match his research. His primarily concerned with the ________ of the data.
A) volume
B) velocity
C) variety
D) veracity
E) value
Answers
In this scenario, Nick's primary concern is the veracity of the data. Correct Option is D.
Veracity refers to the accuracy, reliability, and truthfulness of the data. Nick discovered that the data submitted by the interns does not align with his research, indicating potential inconsistencies or inaccuracies in the information provided. This raises doubts about the reliability and trustworthiness of the data.
Nick's concern with veracity is crucial because if the data is not accurate or reliable, it can lead to flawed analysis, incorrect conclusions, and poor decision-making. Ensuring the veracity of data is essential for maintaining data integrity and making informed, evidence-based decisions.
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A railwya has an operating ratio of 78%. If uts operating revenue were for $ 4.6 B for 205what were its operating expenses
Answers
Answer:
Its operating expenses were $ 3.588 B
Explanation:
The operating ratio is the ratio of operating expense to the operating or revenue generated.
This ratio is used for comparison of results from the operations of various industries.
Given that the operating ratio of 78% and the operating revenue is $4.6B, the operating expense T may be computed as
78% = T/4.6 * 100%
T = 4.6 *.78
= $3.588 B
How do bonds earn income
Answers
Answer:
The owner of the bond receives interest payments, known as the coupon, throughout the life of a bond, at the interest rate that was determined when it was issued.
Explanation:
They are debt obligations, meaning that the investor loans a sum of money (the principal) to a company or a government for a set period of time, and in return receives a series of interest payments (the yield).
Compute activity-based cost rate, time equations – CAN Company sells multiple products and uses a time-driven ABC System. The company’s products must be wrapped individually before shipping. The packaging and shipping department employs 24 people. Each person works 20 days per month on average. Employees in this department work an 8-hour shift that includes a total of 75 minutes for breaks and a meal. The full compensation, including fringe benefits, for each packaging and shipping employee is $4,050 per month. (SHOW WORK)
Using the principles discussed in this chapter and time-driven ABC, what is the rate per hour for each packaging and shipping employee at CAN?
On average, it takes one packaging and shipping employee 15 minutes to prepare a package and label, independent of the number or types of items in the shipment, plus 6 minutes per item to bubble wrap and pack it in the carton. Using CAN’s time-driven ABC system, what is the packaging and shipping cost assigned to Order 705, which consisted of 40 items?
Answers
The rate per hour for each packaging and shipping employee at CAN is $16.88 per hour. The calculation is as follows:
1. Average workdays per month: 20 days.
2. Total work hours per month: 24 employees * 20 days * (8 hours - 75 minutes/60) = 3840 hours.
3. Total compensation per month: $4,050.
4. Rate per hour: $4,050 / 3840 hours = $1.055 per hour.
5. Adjusted rate per hour: $1.055 * 1.5 (to account for fringe benefits) = $1.583.
6. Final rate per hour: $1.583 * 1.10 (to account for other costs) = $1.741.
7. Convert rate per hour to rate per minute: $1.741 / 60 = $0.029 per minute.
8. Convert rate per minute to rate per hour: $0.029 * 60 = $1.74 per hour.
The rate per hour for each packaging and shipping employee is calculated by dividing the total compensation by the total work hours. Additional factors such as fringe benefits and other costs are taken into account to determine the adjusted rate. The final rate per hour is then converted to the rate per minute and vice versa to facilitate the subsequent calculations.
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Explain two ways in which mohammad could increase added value
Answers
The 2 ways in which where Mohammed could increase the added value of his company includes:
He could introduce new products and could modernize appearance and equipment in his coffee shop.He could start making cakes and pastries for special occasions like birthdays and weddings.What is an Added value?It refers to the profit that stays in the company as a difference between the total amount earned from sales and the total amount spent for production.
If such company's expenses for each product or service are higher then its price, then it is not going to have any added value. For instance, when company sells postcards for 5 dollars. In the same time, costs for making one postcard are 3 dollar. Added value = = 5 dollar - 3 dollar = 2 dollar.
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In reading #47 "Boomsday", what does the "perfect economic storm" refer to? the number of people growing older that will deplete the labor force the great depression the mortgage lending crisis mountainous national debt, a deflating economy and 77 million people retiring
Answers
The "perfect economic storm" in the reading "Boomsday" refers to the combination of mountainous national debt, a deflating economy, and 77 million people retiring.
The "perfect economic storm" in the reading "Boomsday" refers to the combination of mountainous national debt, a deflating economy, and 77 million people retiring. This phrase symbolizes a severe and challenging economic situation resulting from these factors. The mountainous national debt signifies a significant financial burden on the country, while a deflating economy indicates a decline in economic growth and activity. Additionally, the large number of people retiring puts strain on the labor force and can have implications for the overall economy. Collectively, these elements create a perfect storm of economic challenges and uncertainties.
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