What modification to the Abernathy and Utterback model resulted after it was noticed that incumbent firms were often the very firms that invented the radical new technologies that they were unable to adopt?
a. model of competence-destroying and competence-enhancing innovation
b. model of value networks and disruptive-innovation
c. model of reverse product cycle theory
d. model of architectural innovation
b
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Which of the following statements regarding inflation and accounting is false?
a. The SEC requires U.S. companies to present supplemental financial information adjusted for the effects of inflation. b. Instability of the measuring unit that is the currency occurs in countries with rampant inflation. c. In some in Latin American and South American countries, companies have been required to adjust their financial statements to take into account the effects of inflation. d. The FASB developed rules for companies in the United States to use to adjust for inflation.
Anticipatory breach:
a. is addressed by U.C.C. Section 2-207, not by the common law b. means that an otherwise valid contract will not be enforced by the courts because of a subsequent illegality c. holds that a party may breach a contract if it no longer has an "essential need" for the purpose of thecontract d. is prohibited by the U.C.C., but allowed by the common law e. none of the other choices