Which of the Following Is NOT True? Hot-Spot Volcanoes ________

question 51

Multiple Choice

Which of the following is NOT true? Hot-spot volcanoes ________.

• A) can form on the ocean floor
• B) can form in continental settings
• C) can result in large calderas
• D) always produce mafic lava flows

Recognize the significance of the Stage-Gate® process in the new-product development pathway and its role in addressing and amending problems before proceeding to subsequent stages.

Grasp the strategic role of the new-product strategy development stage within the overall objectives of the firm.

Comprehend the concept of disruptive innovation and its impact on businesses' product development strategies.

Learn how SWOT analysis and environmental scanning contribute to new-product strategy development and the overall new-product development process.

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Definitions:

Spontaneously Generated Funds

Funds generated if a liability account increases spontaneously (automatically) as sales increase. An increase in a liability account is a source of funds; thus, funds have been generated. Two examples of spontaneous liability accounts are accounts payable and accrued wages. Note that notes payable, although a current liability account, is not a spontaneous source of funds since an increase in notes payable requires a specific action between the firm and a creditor.

AFN Formula

Additional Funds Needed formula, a financial tool used to estimate the additional amount of financing a firm will require in the future.

Forecasting Method

Techniques used to predict future aspects of a business or the economy, from sales to macroeconomic trends.

AFN Formula

Additional Funds Needed formula; a financial model that projects the additional financing required by a firm to support its desired level of growth.