The aforementioned claim is False. Profitability will undoubtedly not increase even if faults can be detected early on. This does not recycle waste material and does not improve downstream inspections.
Building a system to manage errorsThe development and execution of an error management system assumes that the executive management is fully on board with this project's plan to handle problems consistently. This is not always the case in reality because many business policies are involved and there may be good reasons to ignore some inaccuracies (e.g. because restructuring is pending).
How do companies deal with mistakes?Recognize Your Errors: The initial step is to own up to your error and accept responsibility.
Examine What Went Wrong: After you own up to your error, consider what went wrong. Examine the past to determine how the situation might have been handled differently.
Fix the Problem and Move Forward: After you've admitted your error and comprehended how it was made, it's time to resolve the issue at hand and move on.
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in years where many new assets are purchased, regular tax depreciation will be (greater/less) than amt depreciation, resulting in an (addition/subtraction) of the difference to regular taxable income to arrive at the amt tax base.
In years where many new assets are purchased, regular tax depreciation will be greater than amt depreciation, resulting in an addition of the difference to regular taxable income to arrive at the amt tax base.
Taxes are mandatory contributions levied on individuals or corporations via a government entity—whether or not neighborhood, local, or countrywide. Tax revenues finance government activities, inclusive of public works and offerings together with roads and faculties, or applications along with Social security and Medicare.
Taxes are important due to the fact governments accumulate this cash and use it to finance social tasks. without taxes, authorities contributions to the health region would be not possible. Taxes go to investment fitness offerings such as social healthcare, clinical research, social protection, and so forth.
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what does an underwriter typically require from an accountant which indicates that the company has fulfilled all the accounting requirements in the registration process?
The correct answer is a comfort letter.
An underwriter typically requires a comfort letter from an accountant which indicates that the company has fulfilled all the accounting requirements in the registration process.
A comfort letter as the name suggests is a letter or a document that is made by an accounting firm for the recipient that assures the financial backing the company has because of the clause or the agreement the company has agreed to or signed,
In corporate surroundings, a comfort letter is usually signed or given to establish a due diligence defense to avoid liability for financial scams or fraud.
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In 2017, Skylar sold an apartment building for $20,000 cash and a $300,000 note due in two years. Skylar’s cost of the property was $250,000, and he had deducted depreciation of $150,000, $60,000 of which was in excess of what the straight-line amount would have been.Do not round intermediate computations. Round your final answers to the nearest dollar.Under the installment sales method, Skylar's total realized gain is $___. In 2017, he recognizes § 1250 gain of $______ and § 1231 gain of $______.
In 2017, Skylar sold an apartment building for $20,000 cash and a $300,000 note due in two years. Skylar’s cost of the property was $250,000, and he had deducted depreciation of $150,000, $60,000 of which was in excess of what the straight-line amount would have been.Do not round intermediate computations. Round your final answers to the nearest dollar.Under the installment sales method, Skylar's total realized gain is $220,000. In 2017, he recognizes § 1250 gain of $10,000 and § 1231 gain of $10,000.
Property is any object that a person or a commercial enterprise has felony identify over. assets can be tangible items, along with homes, automobiles, or appliances, or it may seek advice from intangible items that convey the promise of future worth, inclusive of inventory and bond certificates.
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research the current status of hsieh's decision to eliminate all managers and to implement holacracy. what have been the benefits? drawbacks?
First, watch out for solutions from human beings who've now no longer taken a course, studied, or exercise Holacracy. Second, human beings use Holacracy to call totality exceptional matters. To make sure, ask if human beings are following the Holacracy Constitution, if they're now no longer, they're now no longer doing it.
That stated the principal blessings that I see by myself enterprise and others who I even have talked to that paintings beneath neath Holacracy policies and charter are:
You rely a great deal less on workplace politics to get matters carried out and modifications made.
You have greater choices made each day with the aid of using folks that are near the action.
You can extrude and adapt your org shape a great deal quicker and with much less drama.
It allows loads to extrude or power a few lifestyle trends consisting of small experiments over huge plans (Lean Startup mindset).
You boom intrinsic motivational factors (Daniel Pink’s book) with greater autonomy, clean motive, and greater opportunity for mastery.
But you want to recall that isn't for each enterprise and each person. The most important negative aspects are:
It is tough to conform from the vintage control version to Holacracy. Especially if you have a huge enterprise (greater than 50 human beings it already makes tough). Zappos (1600 human beings) for instance may take five years.
You ought to spend greater sources on schooling and onboarding. It isn't a smooth factor to analyze. It isn't simply exceptional assembly practices, you want to extrude people's behavior and a few simple assumptions.
In the start folks who analyze quicker and prefer playing “the Holacracy game” benefit greater strength over the ones who might be sluggish to analyze or do now no longer make investments time on it. If you don´t take precautions, resentment may grow.
A constitution is the aggregate of essential concepts or mounted precedents that represent the criminal foundation of a polity, employer, or every other type of entity and generally decide how that entity is to be ruled.
A first-rate goal of the charter as drafted by way of the conference changed into creating a government with enough power to act on a countrywide stage but without a lot of energy that fundamental rights might be at threat.
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anthony asked his roommate if he could borrow $50; his roommate refused. then anthony asked if he could borrow just $10, and his roommate lent him the money. this is an example of:
The given situation is an example of the door-in-the-face technique
What is a door-in-the-face technique?
The door-in-the-face approach is a compliance strategy that is frequently researched in social psychology. The persuader makes a sizable request that the responder would probably decline, which is similar to a door being metaphorically slammed in the persuader's face, in an effort to persuade the respondent to agree. If a second, more reasonable request is made after that, the respondent is more likely to comply than if the first request is made alone. The foot-in-the-door (FITD) strategy, where a persuader starts with a modest request and progressively raises the demands of each request, can be compared to the DITF technique. The FITD and DITF methods both raise the possibility that a response may grant the second request.
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anthony asked his roommate if he could borrow $50; his roommate refused. then anthony asked if he could borrow just $10, and his roommate lent him the money. this is an example of:
when examining a master budget, where does a company find the planned expenditures for facilities and equipment?
A master budget will show all the details of the company's income-generating actions via the operating budget, with an overview of revenue and expenses.
What are the master budget's three primary parts?A master budget is composed of three primary parts. Operating budgets include all basic business costs and revenue. The budget for capital expenditures includes costs for longer-term projects and assets. Cash flows and business financial information are covered in financial budgets. A projection of what would appear on the balance sheet at the conclusion of the accounting period will also be included, along with cash inflows and outflows from the cash flow statement.
Perhaps the most closely examined part of the master budget is the budgeted income statement.
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Which describes a challenge we might see if remote working was the norm.
A. businesses would have to pay building costs or rent a workspace
B. there would be more cars on the road for people having to drive to work
C. workplaces could be more flexible with hours and job assignments
D. it would be harder to find jobs because the applicant pool would be larger
A challenge that might come about if remote working was the norm is D. it would be harder to find jobs because the applicant pool would be larger
What are challenges of remote work?A major challenge that remote work presents is that jobs would be harder to find thanks to there being a large applicant pool. This is because people can basically apply from anywhere in the world which means that with these many people applying, they's all have lower chances of getting employed.
Remote work does have some advantages however and they include businesses not having to rent workplaces and less cars on the road.
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what are three disadvantages of greenfield ventures? choose all that apply. multiple select question. uncertainty of future revenue considered first-movers preemption by other competitors take longer to establish loss of tax revenue
Potential drawbacks of greenfield projects include the following:
Potentially expensive to enter the market (barriers to entry)Having a greenfield location has significant fixed expenditures.What is a green-field venture?
In a green-field (also "greenfield") venture, a parent company creates a subsidiary in another country and launches its operations there from scratch. These projects also have additional offices, residential quarters, and distribution centers in addition to new production facilities. The phrase "green-field investment" refers to a venture that is being started from scratch by a company, typically a multinational corporation (MNC), after plowing and preparing a green field. The initiatives are foreign direct investments, also referred to as direct investments, which give the sponsoring corporation the most degree of influence.
The riskiest type of international direct investment is a greenfield project, which carries an exceptionally high level of risk.Regulations by the government that might prevent foreign direct investments.To know more about a green-field venture:
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Provide an example of how a company could make modifications to their business operations to incorporate sustainable best practices. How could these modifications be measured in terms of triple bottom line?.
Divide the organization's backside line into three categories: social, environmental, and economic.
Represent every category in phrases of benefits and costs. Calculate net profits the use of traditional accounting techniques to symbolize the the first of the three bottom lines.
Why is triple bottom line important?A extra sustainable future that considers both social and environmental sustainability.
Methods to set dreams and measure and improve sustainable systems.
New ways to generate profit, such as attracting new customers who favor to reduce their have an effect on on the environment.
Especially in cutting-edge marketplace, companies that focus on social and environmental duty can additionally enhance that extra usual metric: profit. "Using the TBL framework opens up many possibilities to enlarge revenues, minimize expenses and build loyalty," Horowitz said.
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https://brainly.com/question/17386608#SPJ4a company has bonds outstanding with a par value of $100,000. the unamortized discount on these bonds is $4,700. the company calls these bonds at a price of $95,000 the gain or loss on retirement is:
The outstanding bonds of a company have a par value of $100,000.These bonds have an unamortized discount of $4,700.The company calls these bonds at a price of $97,000, which results in a loss of $1,700 upon retirement.
The bond issued to generate cash for the organization is called Bond Payable.The bond is liable for the interest.the bond issued by both public and private businesses.Cash is debited and bond payable is credited when a bond is issued at par.Bonds come in a variety of flavors, including those with zero interest rates, those with fixed rates, and those with variable rates.
What are payable bonds?
When a company issues bonds to raise cash, bonds payable are recorded.The company is a borrower because it is a bond issuer.As a result, issuing the bond results in the creation of a liability.As a result, bonds payable are listed as liabilities on the balance sheet of the business.
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Suppose all banks are subject to a uniform reserve requirement of 20 percent and that the Gambler's Last Chance Bank of Las Vegas has zero excess reserves. If a new customer deposits $10,000, the bank can now extend new loans up to a maximum of _____.
The complete statement is "Suppose all banks are subject to a uniform reserve requirement of 20 percent and that the Gambler's Last Chance Bank of Las Vegas has zero excess reserves. If a new customer deposits $10,000, the bank can now extend new loans up to a maximum of $8,000. "Option B
What are loans?Generally, In the world of finance, the act of one or more individuals, organizations, or other entities lending money to other individuals, organizations, or other entities is known as a loan.
When someone receives a loan, they are typically responsible for repaying not only the initial amount borrowed but also the interest accrued on the loan up until the point at which the loan is paid off.
The full statement is as follows: "Imagine that all banks are required to maintain a reserve amount equal to 20 percent of their total assets, and that the Gambler's Last Chance Bank in Las Vegas has no reserves in excess of what is required. If a new customer deposits $10,000, the bank is now able to extend new loans up to a maximum of $8,000; however, the maximum loan amount remains unchanged." Alternative B
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CQ
Suppose all banks are subject to a uniform reserve requirement of 20 percent and that the Gamblers Last Chance Bank of Las Vegas has zero excess reserves. If a new customer deposits $10,000, the bank can now extend new loans up to a maximum of:
a.$2,000.
b.$8,000.
c.$10,000.
d.$50,000.
according to the inventory control system matrix, independent demand with high transaction costs, it is likely to deploy what type inventory control process?
According to the inventory control system matrix, where the independent demand is with high transaction costs, it is likely to deploy a type inventory control process known as Manual two-bin.
What is a Manual two-bin in inventory control?In inventory control process, the two-bin control is a system used to determine when items or materials used in production should be replenished. When the items in the first bin have been depleted, an order is placed to refill or replace them. The second bin is therefore, supposed to have enough items to last until the order for the first bin arrives.
Therefore, the manual two-bin is the system that will be deployed where the independent demand is with high transaction cost.
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if sears department store managers looked at macy's department store prices for identical national brands and, based on that information, decided to advertise a sale on those products, they would be exercising which pricing method?
Sears department store managers would be using competition-based pricing.
Define competition-based pricing.Competitive based pricing, also known as competition-based pricing, refers to a pricing strategy in which your own price point is significantly influenced by that of your rivals. This tactic puts more emphasis on the market than it does on your expenses (Cost Plus Pricing). The tenet of competitor-based pricing is the conviction that market participants already know the answer and that every decision taken by rivals is wise. This can be a fair pricing strategy if just one company uses it, setting its prices after considering the current price range.
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in the long run, a firm will exit a competitive industry if question 4 options: a) total revenue exceeds total cost. b) the price exceeds average total cost. c) average total cost exceeds the price. d) both a and b are correct.
In the long run, a firm will exit a competitive industry if average total cost exceeds the price (the right option is option C).An industry that is competitive has few entry barriers and permits enterprises to readily enter and depart the market.
Since anyone can choose to create a new pizza shop and existing owners can choose to close their doors whenever they like, the market for pizza restaurants in a particular large city, for instance, may be very price competitive. In long run to customer demand for products and services, a competitive market develops. Due to the competition created by this market system, businesses must assess their costs of production, pricing policies, and product output. A business competes and operates in a dynamic external system known as a competitive environment.
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an outside company provides security services for a department store for $1,200 per month. management allocates this cost across the store’s four departments based on the square feet each department occupies. using the information below, what is the cost allocated to the men’s department?
An outside company provides security services for a department store for $1,200 per month. management allocates this cost across the store’s four departments based on the square feet each department occupies. the cost allocated to the men’s department$0.05 is $0.11, and $0.95.
Management allocation is the process of assigning satisfactory available resources to duties and projects. resource allocation manages workloads to make sure below or overutilization does not occur. Then, if wanted, human beings are reassigned primarily based on modern resource availability and venture timelines.
Useful resource allocation is the system of assigning and dealing with belongings in a way that helps a corporation's strategic making plans and goals. aid allocation consists of coping with tangible belongings including hardware to make satisfactory use of softer assets consisting of human capital.
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under the merchants' exception rule of the ucc, within a reasonable time of making an oral contract, if a merchant sends a written confirmation to another, and if the confirmation is definite enough to bind the sender herself, then the merchant who receives the confirmation will also be bound by it unless he objects in writing within
The confirmation should be within in 10 days. It should be sent by the merchant.
Reasonable time in economic and business generally can be defined as that amount of time which is fairly necessary, conveniently, to do whatever is required to be done, as soon as circumstances permit. In contact business, reasonable time based on subjective circumstances also can be defined as the time needed to do what a contract requires to be done.
Commercially Reasonable Period of Time generally can be described as twelve months for a willing seller and also a willing buyer to agree on price and terms, plus the time necessary to complete the sale.
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a $135 petty cash fund has petty cash on hand of $18 and receipts of $120. the journal entry to replenish the fund would include a
On a $135 petty cash fund, petty cash on hand of $18 and receipts of $120, the journal entry to replenish the fund would include a credit to cash short/over for $3.
What is a petty cash fund?In accounting, a petty cash fund means small amount of company cash often kept on hand to pay for minor or incidental expenses such as office supplies or employee reimbursements.
These type of fund will undergo a periodic reconciliations with transactions also recorded on the financial statements. In larger corporations, each department have its own petty cash fund.
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Indicate whether each of the following is counted in the United States gross domestic product for the year 2006. Explain your answer.
a. The value of used textbooks sold through an online auction in 2006.
b. Rent paid in 2006 by residents in an apartment building in 2000.
c. Commission earned in 2006 by a stockbroker.
d. The value of automobiles produced in 2006 entirely in South Korea by a firm fully owned by United States citizens.
The value of used textbooks sold through an online auction in 2006 is the gross domestic product for that year.
Which of the following variables is used when computing GDP?The calculation of a country's GDP takes into account both total private and public consumption, government spending, investments, increases in private inventories, paid-in building expenses, and the international balance of trade. (Imports are deducted from the total, while exports are added.)
What are the gross domestic product's four components?The four primary parts of the gross domestic product are government spending, corporate investment, personal consumption, and net exports. 1 That tells what a country is best at producing. GDP is a measure of a country's annual total economic production.
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how can a reduction in direct cost generate more of a price savings for a supply manager than a similar percentage reduction in the seller’s profit?
Everything is based off the cost of a product. A reduction in one cost of the product has a ripple effect lowering all the cost for the rest of the product and lowering the cost of the profit at the end. A reduction in the seller's profit just takes a small percentage off the top of the price.
Profit, in accounting, is an profits disbursed to the proprietor in a profitable marketplace production technique. income is a measure of profitability that's the owner's foremost interest inside the income-formation technique of marketplace production. There are numerous profit measures in common use.
Income describes the financial gain found out while sales generated from a enterprise pastime exceeds the charges, fees, and taxes worried in maintaining the pastime in question.
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the equation of exchange part 2 a. states that the money supply times velocity equals nominal national income. b. is an accounting identity and is always correct. c. states that expenditures by some people equal income received by others. d. all of the above.
The equation of exchange is a states that the money supply times velocity equals nominal national income, an accounting identity and is always correct, and states that expenditures by some people equal income received by others.
The exchange equation is M V P Q. The velocity is the typical annual rate at which a dollar is spent to purchase final goods and services.
The monetarist theory is represented by the equation of exchange, MV = PQ. Here, M is the total amount of money available, and V denotes the velocity of money turnover or the frequency with which the average dollar in the money supply is spent on products on a yearly basis.
T stands for all the products and services exchanged. The exchange equation is an identity equation, meaning that MV is exactly equivalent to PT (or that MV = PT). The equation must always be accurate in the ex-post, or factual, sense.
Hence the correct option is D
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before entering a formal agreement, investment banks carefully investigate the companies whose securities they underwrite; this is especially true of the issues of firms going public for the first time. because the banks do not themselves plan to hold the securities but intend to sell them to others as soon as possible, why are they so concerned about making careful investigations?
The lender will find it increasingly challenging to sell the new issue if an issue is overvalued and experiences significant price falls after the issue. Or to put it another way, in the investment banking sector, reputation is crucial.
What assistance does an investment bank offer a corporation when issuing new securities?The company issuing new securities often receives one or more of the following services from investment bankers: Advice on timing, issuance price, volume of securities offered, and other parameters, Get the issuer to sell you some or all of the securities. public after reselling the securities.
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he stockholders' equity section on the december 31 balance sheet of chemfast corporation reported the following amounts: contributed capital preferred stock (par $20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) $ 102,000 additional paid-in capital, preferred 13,770 common stock (no-par; authorized 20,000 shares, issued and outstanding 5,900 shares) 584,100 retained earnings 29,000 treasury stock, 1,000 preferred shares at cost (9,450) Assume that no shares of treasury stock have been sold in the past.
Required:
Complete the following statements. (Decreases should be indicated by a minus sign. Round per share to 2 decimal places.)
1. The number of shares of preferred stock issued was 2. The number of shares of preferred stock outstanding was 3. The average issue price of the preferred stock was per share
4. The average issue price of the common stock was 5. The treasury stock transaction increased (decreased) stockholders’ equity by 6. The treasury stock cost per share
7. Total stockholders’ equity is
No shares of treasury stock have been sold in the past are:
The number of preferred shares=total par value of preferred shares issued/par value=$165,900/$21=7900 shares
The number of preferred shares outstanding is issued shares minus treasury stock=7900 shares-600 shares=7,300 shares
Average issue price of preferred stock=(total par value+additional paid capital)/issued shares=($165,900+$15,400)/7900=$22.95
Average issue price of common stock==common stock amount/issued shares=$590,000/10000=$59
The treasury stock decreases stockholders' equity by the amount paid to repurchase the shares which are $6,300
Treasury stock cost $ per share=cost of treasury cost/number of treasury stock=$6300/600=$10.50
Total stockholders' equity in $=preferred stock+preferred stock additional paid in capital+common stock+retained earnings -treasury stock
Total stockholders' equity in $=165,900+15,400+590,000+26000-6300=$791,000
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which is not a right of ownership in a life insurance policy? select one: a. changing irrevocable beneficiaries b. using the policy as collateral for a bank loan c. receiving dividends d. changing settlement options
A life insurance policy owner has the following rights: a. changing irrevocable beneficiaries. Someone who has unrestricted access to the money from your life insurance policy is known as an irrevocable beneficiary.
The individual or organization that you formally name as the recipient of the advantages of your financial products is known as a beneficiary. That is the amount that your policy will pay as a death benefit if you have life insurance coverage. That is the total value of your assets held in retirement or investment accounts. spouse, cohabitant, partner, kids, parents, siblings, business partner, key employee, trust, and charity. The very first stage in your estate plan is identifying the beneficiaries of your money. You and your spouse, your friends and family, charities, and the government are the four main categories of beneficiaries to take into account. As a named beneficiary, some people might opt for their surviving spouse, while others could choose a kid or parent. For peace of mind for your family, knowing that life insurance protection is in place in the case of your passing, is a significant factor in why people buy life insurance policies. The beneficiary of a life insurance policy is the person or organization that is eligible to receive the claim amount and other benefits in the event that the benefactor dies or the policy matures. Description: In general, a beneficiary is someone who gains something from a specific person or entity, such a trust.
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when you are writing to complain about something and you're worried that your reader might be reluctant to grant your claim, you should use . a. passionate appeals b. both direct and indirect appeals c. the direct strategy d. the indirect strategy
When you are writing to complain about something and you're worried that your reader might be reluctant to grant your claim, you should use both direct and indirect appeals.
What is an indirect appeal?
Indirect appeal refers to the exercise of the prime contractor's right to appeal by the subcontractor or the prime contractor's pursuit of an appeal on the subcontractor's behalf.
Direct appeal advertisements for consumer goods are uncommon. The hamburger was formerly promoted in America by appealing to hunger.
Eat a whopper hamburger when you feel a man-size appetite, advised the advertisement. indirect arguments A human need may be hinted at but not specifically stated in an indirect appeal.
These signals are directed at the buyer's subconscious, but they are in some way obscured by messages that appeal to the buyer's rational thinking.
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when a consumer knows what they want to buy and is not willing to accept a substitute,what type of consumer product is being sought?
When a consumer knows what they want to buy and is not willing to accept a substitute, specialty goods is being sought.
A consumer is someone or a set who intends to order, or uses bought goods, products, or offerings in general for personal, social, family, family and comparable needs, who isn't always without delay related to entrepreneurial or enterprise sports
A purchaser is the one who purchases the product for his/her personal need and uses or consumes it. A consumer can not resell the best, services or products however can eat it to earn his/her livelihood and self-employment. Definition of patron. The customer is the only who's the stop-consumer of any goods or services.
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Which do the following is a example to why body art may not be a concise red safe in the workplace? The manager does not wear any jewelry. Certain types of jewelry can get caught in machinery. Visible tattoos can distract team members from their work. Some employees have expressed views against body art.
An example of why body art may not be a concise red safe in the workplace is Certain types of jewelry can get caught in machinery.
Why might body art be avoided in certain work places?There are certain types of work that will prohibit the use of certain types of body art as they can be dangerous given the processes involved in the work. For instance, certain types of jewelry may be refused in a certain type of work place if it will get caught in machinery. This would be dangerous to the production in the company and so it would be dangerous.
There are reasons why body art can still be allowed in a company however, and they include the manager hating the body art and not wearing such things. If tattoos are allowed, they can be used regardless of whether it will distract team members from their work.
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a situation in which the unregulated competitive market outcome is inefficient beasue prices fail to provide proper signals to buyer and sellers is known as
A market failure occurs when the unregulated competitive market outcome is inefficient because prices fail to provide proper signals to buyers and sellers.
A marketplace with many buyers and sellers where no one buyer or seller can control the market is referred to as a competitive market in economics. Competitive markets have many buyers and sellers, no entry barriers, and uniform products.
Monopolistic competition, also known as a competitive market, occurs when there are a large number of firms, each with a small share of the market and slightly differentiated products.
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PLS HELP…… What is the difference between a charge card and a credit card?
O A charge card is paid off each month while a credit card has a revolving credit line.
O A charge card is issued by a bank while a credit card is issued by a merchant.
O A charge card has a revolving line of credit while a credit card is paid off each month.
O A charge card has zero interest while a credit card has a high interest
A charge card is paid off each month while a credit card has a revolving credit line is the difference between a charge card and a credit card. Thus, option (a) is correct.
What is credit card?A credit card is a payment card was the issued by the financial institutions. It was the provided of the customers to borrow funds, and the pre-approved credit limit. It was the provided the facilities such as purchases, balance transfers and the other things.
According to the main difference between the charge card is paid off each month. On the another hand was the credit card has a revolving credit line. It was the pay of the purchase of the goods and the services. It was the paid by the card issuer.
As a result, the significance of the charge card and a credit card are the aforementioned. Therefore, option (a) is correct.
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For members of what the diffusion of innovation theory calls the early majority, the recommended strategy for promoting a new technology is to _____.
For members of what the diffusion of innovation theory calls the early majority, the recommended strategy for promoting a new technology is to provide them with evidence of the system's effectiveness and success stories.
According to the diffusion of innovation theory, in order to promote a new technology one needs to lure the customers into thinking that why the particular product is effective and also there shall be stories that represent how the product benefitted the customers who used the new technology.
Without these promotional strategies, people will not be convinced for the new technology. Any kind of new technology that is brought into the market has to be proven effective through success stories.
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_____ is best described as the process of merging with a competitor at the same stage of the value chain.
A. Backward integration
B. Forward integration
C. Horizontal integration
D. Taper integration
Horizontal integration is best described as process of merging with competitor at same stage of value chain.
What is horizontal integration?Increased production of goods or services by a business at the same point in the supply chain is known as horizontal integration. This could be accomplished by a business through internal growth, acquisition, or merger. If one business controls a substantial portion of the market for that good or service, the process could result in monopoly. Vertical integration, in which businesses combine various production stages from a few different production units, contrasts with horizontal integration. Media critics like Robert W. McChesney have observed that the entertainment sector is currently moving toward a trend where fewer transmedia and transnational firms have a greater share of the media ownership pie. In areas where wealthy people can afford such activities, media is observed to gather.
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