3m involves its customers in the process of developing new products. in this way, it can benefit from current customers' insights and develop new products that will meet these customers' needs. 3m is pursuing a growth strategy.
select one:
a. product development
b. diversification
c. product penetration
d. market penetration
e. market development

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.

On december 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following: accounts receivable, debit balance of $97,900; allowance for doubtful accounts, credit balance of $1,031. what amount should be debited to bad debts expense, assuming 6% of outstanding accounts receivable at the end of the current year are estimated to be uncollectible?