Questions
With these topics "Choosing Innovation Projects" and "Collaboration Strategies" and answer the following questions: 1. Why...

With these topics "Choosing Innovation Projects" and "Collaboration Strategies" and answer the following questions:

1. Why might a firm want to consider quantitative and qualitative assessments of a project? Can you cite and example?
NOTE: Please cite it also give an example.

2. When, in the course of establishing a strategic firm's direction, would you consider going Solo- as opposed to a collaborative effort? Can you Do both?

In: Operations Management

5. outsourcing will work well with complex technological innovation development. True False 6. outsourcing components of...

5. outsourcing will work well with complex technological innovation development.

True

False

6. outsourcing components of a firm's specialized products is a good idea.

True

False

7. once supplier management has been set up the supplier can basically self-manage and report periodically back to the firm.

True

False

8. dominant design transforms competition in the product class.

True

False

In: Operations Management

From your observation at your own residential area or your accommodation buildings, identify the current building...

From your observation at your own residential area or your accommodation buildings, identify the current building features that need to be changed or to be constructed new in order to conform to Green Building Index. The features should include the following GBI criteria, i.e. Energy Efficiency (EE), Indoor Environment Quality (EQ), Sustainable Site Planning & MANAGEMENT (SM), Materials & Resources (MR), Water Efficiency (WE), Innovation (IN).

In: Civil Engineering

a)Explore how we can enhance productivity, and increase innovation while considering employee wellbeing. You must address...

a)Explore how we can enhance productivity, and increase innovation while considering employee wellbeing. You must address the challenges of bias and prejudice on achieving the most effective outcomes.
b)Discuss how decision making may well be influenced by a number of internal or external environmental factors impacting a business.
c)Discuss what role responsible, ethical management plays in this and whether it is important for the success of the business.

In: Operations Management

How you would bring a team together and lead them to start this initiative. The tools...

How you would bring a team together and lead them to start this initiative. The tools that you have used in the course Fostering a Culture of Innovation for (design thinking, creative-thinking styles, etc.) to get your team to leave its comfort zone and begin to generate potential ideas. Explain how the thinking style diversity or lack thereof of your team could potentially help or impede the plan.

In: Operations Management

Using the seven primary characteristics that capture an organization’s culture, list each and what you see...

Using the seven primary characteristics that capture an organization’s culture, list each and what you see Macomb Community College doing in each from a student view, to create the organization’s culture. Please be sure to give examples. and these the characteristics.

1- Innovation and risk taking, 2- Attention to detail, 3- Outcome orientation, 4- People orientation, 5- Team orientation, 6- Aggressiveness, 7- Stability,

In: Operations Management

While examining the 2019 financial statements of Warder Corporation, you found evidence that the following were...

While examining the 2019 financial statements of Warder Corporation, you found evidence that the following were not included in its current liabilities on the December 31, 2019, balance sheet:

  1. A note payable due and paid by Warder on February 19, 2019. Warder obtained long-term financing equal to this amount paid on February 26, 2019.
  2. Note payable due 2 months after the balance sheet date, with refinancing agreement entered into 4 weeks after the balance sheet date.
  3. Deposits from customers on equipment ordered by them from Warder.

Discuss the assumptions needed for Warder to correctly exclude the previously mentioned items from current liabilities as of December 31, 2019. The balance sheet was issued on March 3, 2020.

In: Accounting

Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows:        Current...

Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows:

       Current Year        Previous Year
Sales $408,000 $367,000
Cost of goods sold 265,200 220,200
Selling expenses 57,120 58,720
Administrative expenses 61,200 51,380
Income tax expense 8,160 14,680

a. Prepare an income statement in comparative form, stating each item for both years as a percent of sales. If required, round percentages to one decimal place. Enter all amounts as positive numbers.

Innovation Quarter Inc.
Comparative Income Statement
For the Years Ended December 31
Current year Amount Current year Percent Previous year Amount Previous year Percent
Sales $408,000 % $367,000 %
Cost of goods sold 265,200 % 220,200 %
$ % $ %
Selling expenses 57,120 % 58,720 %
Administrative expenses 61,200 % 51,380 %
$ % $ %
% %
Income tax expense 8,160 % 14,680 %
$ % $ %

b. The vertical analysis indicates that the cost of goods sold as a percent of sales   by 5 percentage points, while selling expenses   by 2 percentage points, and administrative expenses   by 1 percentage points. Thus, net income as a percent of sales   by 2 percentage points.

In: Accounting

Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows:        Current...

Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows:

       Current Year        Previous Year
Sales $381,000 $328,000
Cost of goods sold 220,980 173,840
Selling expenses 64,770 62,320
Administrative expenses 68,580 55,760
Income tax expense 11,430 13,120

a. Prepare an income statement in comparative form, stating each item for both years as a percent of sales. If required, round percentages to one decimal place. Enter all amounts as positive numbers.

Innovation Quarter Inc.
Comparative Income Statement
For the Years Ended December 31
Current year Amount Current year Percent Previous year Amount Previous year Percent
Sales $381,000 % $328,000 %
Cost of goods sold 220,980 % 173,840 %
$ % $ %
Selling expenses 64,770 % 62,320 %
Administrative expenses 68,580 % 55,760 %
$ % $ %
% %
Income tax expense 11,430 % 13,120 %
$ % $ %

b. The vertical analysis indicates that the cost of goods sold as a percent of sales by 5 percentage points, while selling expenses by 2 percentage points, and administrative expenses by 1 percentage points. Thus, net income as a percent of sales by 3 percentage points.

In: Accounting

Clifford Delivery Company purchased a new delivery truck for $72,000 on April 1, 2019. The truck...

Clifford Delivery Company purchased a new delivery truck for $72,000 on April 1, 2019. The truck is expected to have a service life of 5 years or 90,000 miles and a residual value of $3,000. The truck was driven 8,000 miles in 2019 and 20,000 miles in 2020. Clifford computes depreciation expenses to the nearest whole month.

Required:

  1. Compute depreciation expense for 2019 and 2020 using the following methods: (Round your answers to the nearest dollar.)
    1. Straight-line method
      2019 $
      2020 $
    2. Sum-of-the-years'-digits method
      2019 $
      2020 $
    3. Double-declining-balance method
      2019 $
      2020 $
    4. Activity method
      2019 $
      2020 $
  2. For each method, what is the book value of the machine at the end of 2019? At the end of 2020? (Round your answers to the nearest dollar.)
    1. Straight-line method
      2019 $
      2020 $
    2. Sum-of-the-years'-digits method
      2019 $
      2020 $
    3. Double-declining-balance method
      2019 $
      2020 $
    4. Activity method
      2019 $
      2020 $
  3. Next Level The book value of the asset in the early years of the asset's service will be under an accelerated method as compared to the straight-line method. The method is appropriate when the service life of the asset is affected primarily by the amount the asset is used.

In: Accounting