One Way the Package Software Firm, Intuit Has Approached the Future

question 36

Short Answer

One way the package software firm, Intuit has approached the future and avoided disruptive innovation was to ______________.

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Definitions:

Adoption

In corporation law, a corporation’s acceptance of a preincorporation contract by action of its board of directors, by which the corporation becomes liable on the contract.

Novation

The act of replacing one obligation with a new one, extinguishing the original obligation.

Ratification

Ratification is the formal approval or confirmation of an action or agreement, often used in the context of treaties, contracts, or laws.

Promoters

Individuals or companies responsible for establishing a corporation or business venture, including raising capital and completing legal formalities.