Kallton is a multinational communications and information technology corporation. its principal products are mobile telephones and tablets. it recently announced on its web site that customers can suggest ideas for its upcoming product model. contributors of short-listed ideas will be adequately rewarded. in this case, kallton is using to generate new product ideas.
a) marketing strategy development
b) crowdsourcing
c) concept development
d) business analysis
e) test marketing

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.