Apple and 3M's Ability to Develop Genuinely New Products Are

question 46

Multiple Choice

Apple and 3M's ability to develop genuinely new products are

• A)part of their corporate structures.
• B)due entirely to their unique corporate cultures.
• C)lucky coincidences.
• D)one of their core research and development capabilities.

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Definitions:

Accounts Receivable

Money owed to a business by its clients or customers for goods or services already provided but not yet paid for.

Free Cash Flow

The amount of cash a company generates after accounting for capital expenditures, indicating the financial health and liquidity of a company.

Operations

The day-to-day activities necessary for a business to function, including production, sales, and administration.

PP&E

Property, Plant, and Equipment - tangible long-lived assets used in the normal course of business to produce goods and services.