write a paragraph of 250 words about creativity and how it leads to innovation:

write a paragraph of 250 words about creativity and how it leads to innovation

Please explain about radical / incremental/ architectural/ component innovation of Nintendo.

Explain how innovation and new products would influence the valuation of Apple.

1 – What is a disruptive innovation and how it apply to the design of a global business

The government wants to encourage technological innovation all across the US. The government thinks that with better technology, the US economy could become again the greatest economic power by far. What would you do in order to encourage firms and/or households to invent/develop new technologies that would help produce more output (and thus create more employment)? State THREE (03) possible ways (policies) to encourage technological innovation.

1. In 144 characters or less, create a brief job description for future managers.

2. Housing for the homeless is a problem in many communities. In what way might this problem be addressed through some form of social business innovation? Again, be creative on how an organization can turn to innovation to maybe not advance the company, but advance society. If you are stumped on ideas, go to the Internet. Many businesses have already taken on this challenge!

1. John and Mary had been married for 15 years before John died in a car accident on December 31, 2019. Mary and her son, Daze, age 27 in 2018, continued to live at home in 2019, 2020, 2021, and 2022. Daze worked part-time (earning $3,500 in each of the four years) and attended the university on a part-time basis. Mary provided more than 50% of Daze’s support for all four years. What is Mary’s filing status for 2019, 2020, 2021, and 2022?

2. Assuming the same situation as above except that Daze earned $4,500 in each of the four years, what is Mary’s filing status for 2019, 2020, 2021, and 2022?

Dr. Mohammed Juma Al Hinai working as a Branch Manager in Oman Arab Bank, Ibri, Oman from the period 2014 onwards. During the period, he got a request from a student in Ibri College of Technology, Ibri to pursue her OJT for a period of two months starting from 1^st May 2020 to 30^th June 2020 in Forex Management domain. But, Dr. Mohammed Juma Al Hinai is very skeptical about the student knowledge level and technical background in the subject Forex Management. In order to understand the student caliber, Dr. Mohammed Juma Al Hinai wishes to conduct a basic examination with certain terms associated to Forex Management and the details are given bellow.

You are required to calculate the following information from the above details:

1. What will be the Direct Quote for the OMR from the period starting from 20^th April 2020 to 23^rd April 2020?                                                                                               
2. What will be the Bid Rate displayed in the OMR market for the period 20^th April 2020 to 23^rd April 2020 from the above Indirect Quote?
3. Determine the spread rate from 20^th April 2020 to 23^rd April 2020 from the above Indirect Quote?                                                                                                               
4. If Dr. Mohammed Juma Al Hinai wish to buy spot OMR on 22^nd April 2020. How much you will pay in PHP?                                                                                                
5. In case Dr. Mohammed Juma Al Hinai wanted to purchase spot PHP. How much would you have to pay in OMR?                                                                                        
6. The Ask rate on 21^st April 2020 is PHP 131.9766/OMR. The price of PHP is expected to appreciate by 2¾ after 20 days. What will be new exchange rate after 20 days?

Bling-Bling Jewellery Company Limited (“BB”) has been engaging in selling jewellery. It keeps a substantial amount of gem stones as inventory. The gem stones are recognized as raw material in the financial statements, and the amount of the gem stones is considered as material for the financial statements. Lee, Wong & Partners (“Lee Wong”) is the auditor of BB for its financial statements for the year ended 31 December 2020. Michael Lau, the CFO of BB, understands that Lee Wong also provides valuation services. He proposes to the audit partner to invite Lee Wong to provide an independent valuation report of the gem stones and the valuation fee would be around 30% of the proposed audit fee for the year ended 31 December 2020. Meanwhile, the proposed audit fee for the year ended 31 December 2020 would be reduced by 20%. If the audit fee is not reduced, BB may engage another audit firm to be the auditor of the company instead.

Required:

(a) Identify the ethical issues faced by Lee Wong and propose appropriate safeguards to respond to each ethical issue.

After Lee Wong finishes the audit for BB’s financial statements for the year ended 31 December 2019, Michael invites the audit team for dinner as a token of appreciation. A box of six red wines is served during the dinner and two bottles are consumed. Michael gives the remaining four bottles to the audit team after the dinner.

Required:

(b) Explain whether the audit team can accept the wine left over at the dinner.

Subsequent to the financial year ended 31 December 2020, BB has opened an online shop to attract more customers. However, there have been many news reports that customers receive fake gem stones when they purchase from the online shop. They feel cheated and would take legal action against BB. Before the case has been put to the court, the CEO has transferred all the assets of BB to a company controlled by his relative.

Required:

(c) Determine the areas that Lee Wong would consider in assessing whether to continue the existing audit engagement with BB.

[Total for Question: 24 marks]