Invention a new product - Study guides, Class notes & Summaries

Sociology 101 Straighterline Exam Questions and Complete Solutions __________ involves aspects of social life that have to do with order, stability, and social organization that allow societies and groups to hold together and endure. - Answer: Social statics Herbert Spencer viewed society as a system, having important similarities with - Answer: a biological organism __________ refers to processes of social life that pattern institutional development and have to do with social change. -...

WGU Global Business D080 Cost Economies of scale and scope. Exploiting cost of factors of production Competition New Markets and increased levels of trade Government Favorable policies and support for industry Subsidies A sum of money granted by the government to assist an industry or business Patents Protects inventions and improvements to existing inventions for a limited period of time in exchange for detailed public disclosure of those inventions Copyrights A ...

WGU D333 Objective Assessment (New 2023/ 2024 Update) Ethics in Technology Exam| Review with Questions and Verified Answers| 100% Correct| A Grade QUESTION CAN-SPAM (Controlling the Assault of Non Solicited Pornography and Marketing) Act Answer: Specifies requirements that commercial emailers must follow when sending out messages that advertise a commercial product or service. It is also sometimes used in the fight against the dissemination of pornography. QUESTION ...

Entrepreneurship (academic) Process by which individuals pursue opportunities without regard to resources currently controlled Venture Capitalist Art of turning an idea into a business What do entrepreneurs do? assemble and integrate resources needed to transform an invention or idea into a viable business Four primary Characteristics of successful entrepreneurship 1. Passion for venture 2. Tenacity despite failure 3. Customer focus 4. Execution intelligence Fo...

A credit card-processing firm would be likely to list the following competitive priorities for its external customers: A. Concurrent engineering B. Mass customization C. Consistent quality D. Postponement : c Which of the following events from the twentieth century defines the history of operations and supply chain management? A. The invention of the assembly line for the Model T car by Henry Ford. 2 | P a g e B. Alfred Sloan's introduction of strategic planning for achievin...

CHD 145 Midterm Question and answers rated A+ Capital C Creativity - correct answer The kind of creativity that involves bringing into existence something genuinely new that receives social validation enough to be added to the culture. An example of "capital C" creativity is the invention of the light bulb or Facebook convergent thinking - correct answer thinking that results in a single solution or answer to a question or problem Creativity - correct answer the process of bringing...

Entr 421 midterm Questions and Answers Entrepreneurial Motivation - Answer-personal reasons, economic reasons What is entrepreneurship? - Answer-An act of innovation, creating something of value from nothing, the creation of a new enterprise, the creation of new organizations There are many different definitions of entrepreneurship. Which characteristics do they all mention? - Answer-Creativity What is creative destruction? - Answer-Entrepreneurship moves market away from the equili...

PLTW - IED Final Exam| Questions and Answers, 100% Score| Updated Innovation An improvement of an existing technological product, system, or method of doing something. Invention A new product, system, or process that has never existed before, created by study and experimentation. Design Brief A written plan that identifies a problem to be solved, its criteria, and its constraints. The design brief is used to encourage thinking of all aspects of a problem before attempting a soluti...

OPM Prep Exam 1 Questions & Answers 2024/2025 product innovations - ANSWERSnew products/product features process innovations - ANSWERSimprove organizational efficiency solow residual - ANSWERSthe unaccounted for economic growth in GDP represented technological change negative externalities of technological innovation on society - ANSWERSpollution, environmental damage, antibiotic resistant bacteria, etc. innovation funnel - ANSWERS3000 ideas -> 100 leads -> 2-3 products de...

The two main drivers of globalization are: - Trade and Technology Goods and Service Purchased abroad and brought into a country are called - Imports Any commercial transactions that crosses the boarder of two or more nations - International Business All goods and services sold abroad and sent out of the country - Exports Globalization is the trend toward greater economic, cultural, ____________, and ____________ interdependence among national institutions etc. - Political, Technological G...