Well-known business writer, Gary Hamel, has described _____ as "the most important business issue of our time." product distribution the creation of radical innovation advertising and marketing of services product line extensions

Answers

Answer 1

Answer:

Creation of radical innovation.

Explanation:

Radical innovation is one that changes the system and way of doing things and introduces a new framework of work. It tends to create new markets for products. A popular example is Netflix with their video streaming service changed the industry and put Blockbuster out of business.

Incremental innovation on the other hand adds to the already existing way of doing things.

Related Questions

In the current year, Chastain takes a trip from Charleston, South Carolina to France primarily for business purposes. He is away from home from March 5 through March 16. He spends four days vacationing and eight days (including two travel days) conducting business. His airfare is $2,900, his meals amount to $180 per day, and lodging and incidental expenses are $420 per day. He is self-employed. In your computations, round any division to two decimal places and use rounded amounts in subsequent calculations. Chastain's deductible expenses are:Plane and taxi expenses: $ _________.Lodging and incidental expenses: $ ___________.Meals: $ _________.
If a country is having more exports than imports in value terms, it can be said that the country is having:-a. Deficit under BOP b. Deficit under BOT c. Surplus under BOP d. BOP crisis
Tennot Inc. sells used cars. It focuses solely on low-income customers who prefer to buy a used car rather than a new one. Therefore, it develops one marketing mix that targets a low-income demographic group. In this scenario, Tennot Inc. most likely uses aNo _____.
Which position is responsible for the direct management of all incident-related tactical activities?a. Finance/Administration Section Chief b. Logistics Section Chief c. Operations Section Chief d. Planning Section Chief
Need help in personal finance.

Which of the following is an example of a strength of using a database?Databases only allow one person to access data at a time, which reduces user error.

Databases only allow local access, which reduces the threat of information being stolen.

Databases increase the power of the operating system, which can make your work faster.

Databases can be used to track information related to your business, which could increase profits.

Answers

D, Databases can be used to track information related to your business, which could increase profits; This is the primary purpose of a database so this would be the best answer.

Gondola Granola is an American health food grocery store chain with locations in 20 countries. When the company enters a new foreign market, it usually selects a combination of franchising and master subsidiaries. These master subsidiaries are joint ventures with local partners. Specifically, these joint ventures are politically more acceptable and they:________a. help realize location and experience curve economies
b. avoid high transport costs.
c. ensure a steady stream of royalty payments.
d. tend to provide a higher control over technology
e. bring a degree of local knowledge to the subsidiary

Answers

Answer: e. bring a degree of local knowledge to the subsidiary

Explanation: According to the scenario described above, Gondola Granola having location in 20 countries makes it a foreign company in most of its countries where it is located. In other to thrive, Gondola Granola is partnering with local stores or companies (domestic companies in that country), this enables Gondola Granola to scale through most policy which might have hampered foreign establishment, These local partner also provides the required local knowledge or finesse which could aid Granola to thrive as they are more familiar with the culture of the country than the subsidiary.

Sheila has a plan to save $45 a month for 18 months so that she has $810 to remodel her bathroom. After 13 months Sheila has saved $510. If the most Sheila can possibly save is $70 per month, which of the following statements is true? a. Sheila will meet her goal and does not need to adjust her plan. b. Sheila must save $50 per month to achieve her goal. c. Sheila must save $60 per month to achieve her goal. d. Sheila will not be able to achieve her go

Answers

Sheila will meet her goal and does not need to adjust her plan. The correct option is a.

What is the introduction of savings?

Savings is the amount left over after an individual's consumption demands have been satisfied. Individuals who make purchases using credit and are subject to increasing EMI obligations would have little to no monthly savings. Savings aid in accumulating money for the future.

To find out if Sheila will be able to achieve her goal, we need to determine how much more she needs to save in the remaining 5 months.

Sheila's goal is to save $810, and after 13 months, she has saved $510. Therefore, she needs to save an additional:

$810 - $510 = $300

in the remaining 5 months.

If the most Sheila can save is $70 per month, then the maximum amount she can save in the remaining 5 months is:

$70 x 5 = $350

Since $350 is more than the $300 she needs to save, Sheila will be able to achieve her goal and does not need to adjust her plan.

Thus, the ideal selection is option a.

Learn more about Saving here:

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Answer:

a.} Sheila will meet her goal and does not need to adjust her plan.

b} Sheila must save $50 per month to achieve her goal.

c} Sheila must save $60 per month to achieve her goal. <<CORRECT

d} Sheila will not be able to achieve her goal.

Explanation:

Edge 2021

Some major considerations when deciding on housing are needs and _________.A. budget
B. transportation
C. utilities
D. insurance

Answers

Some major considerations when deciding on housing are needs and Budget.

What is Budget?

A budget is defined as a financial plan for a set amount of time, usually a year.

It may also consider anticipated sales masses and revenues, costs and expenses, resource quantities as well as assets, liabilities, and cash flows. Needs and budget are two significant factors to consider while choosing a home.

Therefore, option A is correct.

Learn more about the budget, refer to:

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Answer: A. Budget

Explanation:

A firm is accused of using illegal methods to earn monopoly profits. Which of the following information best refutes this claim?a. The firm faces an elasticity of demand of -0.75.
b. The firm faces an elasticity of demand 0f -5.35.
c. The firm is making a profit in the SR.
d. The firm sells other unrelated products.
e. The firm’s product has few substitutes.

Answers

e. The firm’s product has few substitutes.

This information best refutes the claim that the firm is using illegal methods to earn monopoly profits. If the firm's product has few substitutes, it means that consumers have limited alternative options to switch to, even if the firm were to increase its prices due to its monopoly position. This lack of substitutes reduces the competitive pressure on the firm and makes it less likely that it needs to resort to illegal methods to maintain its profits.

c. The firm is making a profit in the short run. This means that the firm's methods are generating legal profits, which refutes the claim of using illegal methods.

Consumer demand is defined as

Answers

a measure of consumers' desire for a product or service based on its availability

Answer:

the willingness and ability people have to buy a good.

Explanation:

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iTicket, an online event-ticketing site, recently discovered that most of its good seats for a widely anticipated concert were preemptively booked in bulk by brokers. This resulted in a shortage of tickets that the public could have bought themselves. Which of the following would have best helped the brokers to book tickets in such large numbers?