Keurig Created a New Category of Coffee/tea Preparation by Offering

question 83

Multiple Choice

Keurig created a new category of coffee/tea preparation by offering one-cup-at-a-time pod-style brewing with its "K-cups." Keurig's product is an example of a(n) ________ innovation.

• A) technology
• B) product
• C) process
• D) improvement
• E) new-direction

Understand the key principles of the Toyota Way and its focus on organizational processes.

Analyze the impact of technological change on organizations.

Identify various intervention methods and their functions within organizational development.

Discuss the role of telecommuting in organizational processes.

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Definitions:

Net Operating Income

Income before interest and income taxes have been deducted.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including labor and materials.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity of the business.

Debt-to-Equity Ratio

A financial metric that shows the comparative amount of debt and shareholders' equity utilized to fund a company's assets.