Open innovation refers to opening up the search for new ideas beyond the organization's boundaries and allowing innovations to easily transfer inward and outward

Doanne Food Processing expects to have 36,000 pounds of raw materials inventory on hand on March 31, the end of the current year. The company budgets the following production (in units) for April through July, inclusive:

April120,000May130,000June140,000July120,000 At the end of each month the firm desires its ending raw material inventory to be 10% of the next month's production needs. Each finished unit requires three pounds of raw materials.Doanne's budgeted purchases (in pounds) of raw materials for June would be:

Intangible assets ________

A) always have a definite life B) that are purchased are recorded at cost C) are always expensed through amortization D) with definite lives are tested annually for impairment