Author Question: An item cost a manufacturer 4 to produce. It has a wholesale trade discount of 66 and a retail trade ... (Read 144 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
An item cost a manufacturer 4 to produce. It has a wholesale trade discount of 66 and a retail trade discount of 50. The list price of the item is 15 . Assuming the retailer sold the item for 12, the dollar gross margins received by the manufacturer, wholesaler, and retailer are respectively:
 a. 5.90, 2.40, 4.50.
  b. 4.50, 1.10, 2.40.
  c. 1.10, 2.40, 4.50.
  d. 1.40, 2.50, 7.50.
  e. 2.64, 2.40, 6.96.

Question 2

Which type of innovation is known to create new industries?
 a. Continuous innovation c. Dynamically continuous innovation
  b. Discontinuous innovation d. Congruous innovation



krakiolit

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

C

Answer to Question 2

B
Discontinuous innovations (also known as radical innovations) are often responsible for the creation of new industries or new standards of management, manufacturing and servicing. The represent fundamental changes for consumers, entailing departures from established consumption. The Internet is an example of a discontinuous innovation as was the microwave when it was first introduced. This may be found in the Degree of Product/Service Newness section (10-4).



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

For a complete list of videos, visit our video library