Unfinished Furniture Inc is making a minor change to their health insurance offerings. They need to communicate this change with the entire company. What is the BEST way for them to communicate with the company in this particular situation?
a. sending a handwritten letter
b. sending a text message
c. sending a business memo
d. making phone calls
c
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Which of the following statements is true about reverse innovation?
A) It involves learning what customers want but cannot get from existing products. B) It refers to a new product that fails to address customers' needs. C) It refers to gradual product improvements that come from technological developments. D) It starts by encouraging intrapreneurs. E) It refers to innovative ideas generated by employees within an organization.
What information does a firm's statement of cash flows provide to the viewing public?
A) a report documenting a firm's cash inflows and cash outflows from operating, financing, and investing activities for a defined period of time B) an itemization of all of a firm's assets, liabilities, and equity for a defined period of time C) a report of revenues and expenses for a defined period of time D) a report of investments made and their cost for a specific period of time