Top Management Can Install A(n)________ to Direct the Flow of New-Product

question 144

Multiple Choice

Top management can install a(n) ________ to direct the flow of new-product ideas to a central point where they can be collected,reviewed and evaluated.

• A)idea evaluation system
• B)innovation management system
• C)database
• D)market strategy
• E)data processing system

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Definitions:

Additional Shares

Extra shares issued by a company, which can result from financing activities, stock splits, or dividend reinvestment plans.

Acquisition Differential Amortization

The process of gradually expensing the premium paid over the fair value of the net assets acquired in a business combination, affecting income statements over time.

Straight Line Amortization

A method of systematically reducing the carrying amount of an intangible asset over its useful life in equal installments.

Equity Method

An accounting technique used by firms to assess the profits earned through their investment in other companies, by recording such investments at cost and periodically adjusting to reflect the share in profits or losses.