Green goddess lawncare, inc., has enjoyed growing profits for 10 years. when new-product development made it feasible for underground sprinkling systems to be installed at a reasonable price, business soared. recently, through the owner of green goddess learned about a seed that only needs to be watered two times each year. this innovation could have serious consequences on healthy revenues and profits. the owner is analyzing the environment in order to remain knowledgeable about new trends that may affect his business.

Last week paul, ceo of quality furniture in south carolina, traveled to europe to visit customers. while overseas, paul checked his e-mail daily and showed his company's website to customers, explaining how the website will them place orders and receive merchandise more quickly. after visiting the last customer friday morning, paul was able to return to the corporate office in south carolina to meet with his board of directors that night. is the "shrinking" of time and space with air travel and electronic media.

Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is:

Which of these is an example of innovation?