Trackanddeliver

question 39

Multiple Choice

Trackanddeliver.com is an online retail store that does not require a fixed delivery location and delivers goods to the current location of the customer by tracking the customer's cell phone location. This way customers need not be at home when a package arrives nor have the package delivered to a neighbor. In this scenario, Trackanddeliver.com is considered as a _____.

• A) symbolic innovation
• B) discontinuous innovation
• C) radical innovation
• D) hedonic innovation
• E) functional innovation

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Definitions:

Par Value

The face value of a bond or the stock value stated in the corporate charter.

Convertible Preferred Stock

A type of preferred stock that gives holders the option to convert their shares into a specified number of common shares, usually after a predetermined date.

Common Stock

A type of equity security that represents ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.

Par Value

Par value is a nominal value assigned to a security or stock, representing its minimum price as stated on the certificate or indicated in the charter.