Seaweed Mfg

question 71

Multiple Choice

Seaweed Mfg.,Inc.is currently operating at only 86 percent of fixed asset capacity.Fixed assets are $387,000.Current sales are $510,000 and are projected to grow to $664,000.What amount must be spent on new fixed assets to support this growth in sales?

• A)$0
• B)$22,654
• C)$46,319
• D)$79,408
• E)$93,608

Comprehend the concept of open innovation platforms and their significance in collaborative innovation efforts.

Understand the distinction between innovation and invention and their respective roles in the business context.

Recognize the importance of patents and other forms of legal protection for inventions and innovations.

Identify the significance of corporate culture in fostering innovation and setting ambitious goals.

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Definitions:

Expertise

An extensive amount of background knowledge that is relevant to a reconstructive memory task.

Persuasion

The act or process of influencing someone's beliefs, attitudes, or behaviors through communication.

Greater Expertise

A higher level of knowledge, skill, or proficiency in a particular area or field.

Attractive Person

Refers to an individual who is found to be pleasing or appealing to the senses of others, often influenced by both physical traits and personality.