A Focused Organizational Effort to Create a New Product or Process

question 109

Multiple Choice

A focused organizational effort to create a new product or process via technological advances is called

• A)a development project.
• B)a sociotechnical system.
• C)benchmarking.
• D)strategic positioning.
• E)vertical integration.

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Definitions:

If-Converted Method

A calculation technique used to assess the impact on diluted earnings per share if all convertible securities were converted into common stock.

Convertible Securities

Financial instruments, such as bonds or preferred stocks, that can be converted into a predetermined number of common stock or equity shares.

Diluted Earnings

The reduced earnings per share figure when considering the conversion into common stock of all potential shares that could dilute earnings.

Assumed Shares

Shares that are considered to have been issued in hypothetical scenarios, such as in the calculation of diluted earnings per share.