Which of the following is the innovation that involves the greatest degree of change?

A) concept change
B) cannibalization
C) context change
D) cosmetic change
E) style change

A

Business

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Which of the following are avenues for performing value chain activities at a lower cost?

a. conducting essential value activities more cost-effectively than rivals b. increasing costs across the value chain so that they are more than competitors' costs c. avoiding both outsourcing and vertical integration d. changing the value chain to streamline the process

Business

A party states during negotiations that he does not possess ultimate authority to agree to any proposal suggested, so he will need to consult that authority before he can agree

The party is acting ethically as long as he makes this statement at any point during negotiations prior to reaching final agreement. Indicate whether the statement is true or false.

Business