Acar and Ende (2016)recently Studied Proposed Solutions to Problems Posted

question 49

Multiple Choice

Acar and Ende (2016) recently studied proposed solutions to problems posted on InnoCentive.com.They recorded if the submitter was an insider or an outsider as it pertains to expertise in the field,if the proposed solution relied extensively on one domain or knowledge or several,how much effort was put into the submission,and whether or not the submission was a winning entry.They found that outsiders,relative to insiders,were MOST likely to win when they:

• A)classified their submission as effortful
• B)classified their submission as "off the cuff."
• C)relied on only one domain of knowledge.
• D)relied on several domains of knowledge.

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Definitions:

Activity-Based Costing

A method of accounting in which costs are assigned to products or services based on the resources they consume.

Direct Labor-Hours

The collective work hours of personnel directly part of the production workflow.

Direct Materials Cost

The cost of raw materials directly involved in the production of goods, easily traceable to specific products.

Activity-Based Costing

An approach in cost calculation that pinpoints various activities in a company and apportions the expenses of these activities to products and services, reflective of their actual utilization levels.