Reverse innovation Study guides, Class notes & Summaries

WGU C211 - Global Economics for Managers Final Exam - All Reading (Answered Fall 2022) Base of the pyramid (BOP) Economies where people make less than $2,000 per capita per year. BRICA Brazil, Russia, India, and China. Emerging economies term that has gradually replaced the term "developing countries" since the 1990s. Emerging markets A term that is often used interchangeably with "emerging economies." Expatriate manager A manager who works abroad, or "expat" for short. Foreig...

CIPS L4M2 Defining Business Need questions with answers 2023 rated A+Fixed Cost (FC) Costs that remain the same irrespective of business activity or volume Variable Cost (VC) Costs that vary with the level of output Market Factors Objectives Drivers Governance Ownership Commodity or Non-Commodity Break-Even Point (BEP) When total costs are equivalent to sales revenue (after this, it is profit) Solving a Problem SCAMPER Substitute Combine Adapt Modify P...

WPC 470 Moore ASU Final Exam With Correct Questions & Answers The process by which people undertake economic risk to innovate- to create new products, processes, and sometimes new organizations - Entrepreneurship Competitive benefits that accrue to the successful innovator - Firstmover advantages The five different stages; introduction, growth, shakeout, maturity, and decline, that occur in the evolution of an industry over time - Industry life cycle The positive effect (externali...

Globalization - The close integration of countries and peoples of the world. Purchasing Power Parity (PPP) - A conversion that determines the equivalent amount of goods and services that different currencies can purchase. Scenario Planning - A technique to prepare and plan for multiple scenarios (either high or low risk). Risk management - The identification and assessment of risks and the preparation to minimize the impact of high-risk , unfortunate events. Gross National Income (GNI) - ...

Globalization - The close integration of countries and peoples of the world. Purchasing Power Parity (PPP) - A conversion that determines the equivalent amount of goods and services that different currencies can purchase. Scenario Planning - A technique to prepare and plan for multiple scenarios (either high or low risk). Risk management - The identification and assessment of risks and the preparation to minimize the impact of high-risk , unfortunate events. Gross National Income (GNI) - ...

Which of the following is NOT included in the information flow? Invoices Specifications Supplies Receipts correct answers Supplies A cell-phone manufacturing company wants to simplify their production and decides to ask an outside supplier to produce their memory chips. This is an example of: Offshoring Nearsourcing Outsourcing Nearshoring correct answers Outsourcing A customer buys a new vacuum cleaner at Costco, then realizes it's the wrong kind so she returns it. Costco now...

C211 Global Economics for Managers Exam Questions and Answers 100% Pass Base of the pyramid (BOP) - Answer- Economies where people make less than $2,000 per capita per year. BRICA - Answer- Brazil, Russia, India, and China. Emerging economies - Answer- term that has gradually replaced the term "developing countries" since the 1990s. Emerging markets - Answer- A term that is often used interchangeably with "emerging economies." Expatriate manager - Answer- A manager who works abroad,...

Exemplary Performance credits can be achieved in which LEED rating system category? a. Materials and Resources b. Innovation c. Sustainable Sites d. Water Efficiency - b. Innovation The term "stakeholder" encompasses more than just decision makers and includes: a. Those who must live with the decisions and those who must carry them out. b. Everyone who has a financial stake in the building. c. Everyone who is on the company payroll. d. Those members of the com...

Globalization - ️️The close integration of countries and peoples of the world. Purchasing Power Parity (PPP) - ️️A conversion that determines the equivalent amount of goods and services that different currencies can purchase. Scenario Planning - ️️A technique to prepare and plan for multiple scenarios (either high or low risk). Risk management - ️️The identification and assessment of risks and the preparation to minimize the impact of high-risk , unfortunate events. G...

APICS CSCP Questions and Answers with Verified Solutions As you plan a manufactured product supply chain, what is considered the most crucial element? Component suppliers. without the base components required for the product, the rest of the suppl chain cannot operate as designed. The owner of a coal mine need power for the machinery that he uses to extract the coal. what is this and example of? Doubling back. When a raw material supplier ends up using a component that they produce ...