New Technology Is an Important Source of New Ideas Because

question 22

Multiple Choice

New technology is an important source of new ideas because it

• A) is seen by the customer as being important.
• B) provides the manpower that firms need to make new products and services.
• C) automatically reduces organizational waste.
• D) provides the raw material that firms use to make innovative products and services.

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Definitions:

Net Operating Income

A measure of a company's profitability from its regular business operations, excluding taxes and interest.

Price Hike

An increase in the price of goods or services, which can be due to various factors including increased production costs or higher demand.

Net Operating Income

A measure of a company’s profitability, calculated as revenues less operating expenses excluding taxes and interest.

Traceable Fixed Expense

A fixed cost that can be directly linked to a specific segment of the business and would be eliminated if the segment ceased operations.