Answer:
Assets that are available to be used for current expenditures.
Explanation:
Current financial resources, means those assets which can fulfill the current needs of a government, when we talk about such resources we only consider the assets available.
As in the chosen option, all the assets available for current expenditure that is assets available to meet current expenses of the government, that is current need, here by current we mean the need which will occur in few days,
We necessarily do not mean no capital expenditure, it is just about the timings of expenditure.
Therefore, Correct option is
Assets that are available to be used for current expenditures.
The correct option is "The current value of all net assets owned by the governmental unit.", as the term "current financial resources" refers to assets available for current expenditures of a governmental unit. This includes assets like cash and receivables, which can be utilized within a year. The focus is on maintaining transparency and meeting short-term financial obligations.
The term "current financial resources" refers to assets that are available to be used for current expenditures.
This means the resources that a governmental unit can use within a short period, typically within one year, to meet its financial obligations and operating expenditures. Examples include cash, receivables, and other assets that can be easily converted to cash or are expected to be used up in the short term.Governmental funds use a modified accrual basis of accounting, focusing on these expendable financial resources to meet current financial needs.This ensures transparency to taxpayers regarding how their government manages its financial responsibilities within the short term.Examples of Current Financial Resources:
Cash and cash equivalentsInvestments maturing within one yearAccounts receivables due within one yearPrepaid expenses expected to be used within one yearAccording to the assembly equipment manufacturer, The Cycle Shop should be able to make 30 bikes per day. On a normal day, the company makes 23 bikes per day. What is the capacity utilization?
Answer:
What is the capacity utilization? 76,66
Explanation:
The capacity utilization rate measures the proportion of potential economic output that is actually realized. Displayed as a percentage, the capacity utilization level provides insight into the overall slack that is in an economy at a given point in time.
(Actual Output / Potential Output( ) x 100 = Capacity Utilization Rate
(23 / 30 ) x100 = 76,66
Which of the following would be most likely to result from destruction of half of the Florida orange crop due to a hard freeze? a. an increase in the price of oranges b. a decrease in the demand for oranges c. an increase in the supply of oranges d. an increase in the quantity of oranges bought and sold
Answer:
The correct answer is option a.
Explanation:
Suppose half of the crop of oranges is destroyed due to hard freeze. This will cause a decrease in the supply of oranges. The supply curve for oranges will shift to the left. This leftward shift in the supply will lead to an increase in price level and a decrease in equilibrium quantity.
A favorable change in weather would have contributed to an increase in supply, causing the price level to fall.
Paige and Parker are writing their values statement for their new consignment shop, Then & Now. Because they want their employees and business to grow and reach goals, Then & Now’s values statement should be positive and inspiring, describing what the organization stands for and its core priorities.
True / False.
The value statement should describe what the organization stands for and its core priorities. Therefore, the correct option is to True.
The value statement are the core principles that are vital in guiding an organization. The values of an organization helps in the creation of a moral compass that will be used in guiding the behaviors of the employees.Also, the value statement depicts the goals of the organization and is vital in ensuring that organizational aims are achieved.In conclusion, the correct option is true.
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Cantaloupe Technologies follows a business model in which the performance of the company is not only based on how much profits were generated, but also on how the community in general benefited from its operations. Thus, the company under its "Plant a Life" campaign promises to plant a tree with every customer purchase. Which of the following terms best describes the performance valuation model of Cantaloupe Technologies?a. Social entrepreneurshipb. Crowdsourcingc. Cannibalizationd. Entrepreneurship
Answer: Social entrepreneurship
Explanation: It is a new concept, usually followed by the startup companies. Under this style of entrepreneurship, the management tries to tackle the environmental issues by bringing up funds or providing any other kind of help.
In the given case, the company promises to plant trees on its every sale. Thus, the company is focusing not only on profits but also the problems that are caused due to over destruction of trees.
Hence from the above we can conclude that the correct option is A.
Answer:
a. Social entrepreneurship
Explanation:
Cantaloupe Technologies follows a business model in which the performance of the company is not only based on how much profits were generated, but also on how the community in general benefited from its operations. Thus, the company under its "Plant a Life" campaign promises to plant a tree with every customer purchase. Therefore, Social Entrepreneurship best describes the performance valuation model of Cantaloupe Technologies.
How can the demand for one good be affected by increased demand for another one?
A. A drop in price for a good will increase demand for the good and its substitute.
B. If goods are substitutes for each other, increased demand for one will increase demand for the other.
C. When goods are bought together, increased demand for one will decrease demand for the other.
D. If goods are used together, increased demand for one will increase demand for the other.
Answer:
You answer is D or the last option if you'd rather say that
Explanation:
If goods are used together, increased demand for one will increase demand for the other.
Hope that I am able to assist current students and future students.
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David paid $975,000 for two beachfront lots in coastal South Carolina, with the intention of building residential homes on each. Two years later, the South Carolina legislature passed the Beachfront Management Act, barring any further development of the coast, including David's lots. When David files a complaint to seek compensation for his property, South Carolina refuses, pointing to a passage in David's own complaint that states "the Beachfront Management Act [was] properly and validly designed to preserve... South Carolina's beaches..." Is South Carolina required to compensate David under the Takings Clause?
Answer:
The correct answer would be, Yes South Carolina would be compensating David as his property is now economically valueless.
Explanation:
Under the taking clause, 'The Beachfront Management Act was properly and validly designed to preserve South Carolina's beaches', which means that no one will be allowed to do any development project near beaches in order to save the beaches.
Though it is already written in the Act, The Beachfront Management Act barred any further development on the coasts of Carolina, which makes the purchased property of David as economically valuless, so South Carolina would be compensating him as the law has passed and they won't allow further development but they need to compensate the people who purchased the property on the beaches for the purpose of future business.
Leaders should do all of the following to promote ethical policies in their organizations except:
a) be available to help employees and solve ethical problems.
b) be responsible for minimizing opportunities for wrongdoing and for exerting the controls needed to enforce company policies.
c) be role models themselves.
d) be prepared to take the blame for senior members' misconduct.
Answer:
A
Explanation: be available to help employees and solve ethical problems.
Bub Fizz Inc. manufactures chewing gum. Through marketing research, it was learned that most of its customers use the chewing gum as mouth freshener. Hence, it modified its formula to manufacture gums that have a long-lasting flavor. In this scenario, which of the following was responsible for the change in the product?
a. Green marketing
b. Cause-related marketing
c. Promotion strategy
d. Consumer behavior
Answer:
d. Consumer behavior
Explanation:
Consumer behavior is the process by which the consumer selects, uses and enjoys a product, once you know who is buying your product or services you just have to make sure to gain their fidelity, the company changed the formula of the chewing gum because they learnt how the consumer was using it and what the consumer needed form them, that´s consumer behavior.
Answer:
The correct answer is d. Consumer behavior.
Explanation:
Consumer behavior is a process. It is the study of the processes that intervene when people or groups choose, buy, use or dispose of products, services, ideas or experiences to meet their needs and desires.
Consumer behavior describes two different types of consumer entities:
The personal consumer and the organizational consumer. The personal consumer buys goods and services for their own use, for home use, or as a gift for a third party Variables such as motivation, emotion, learning, information processing, culture and social patterns are involved.Cyberlaw consists of:
a) Only state statutes.
b) Traditional legal principles that have changed because of technology.
c) Laws that are written on computers, smartphones, tablets or other technology. d) Only federal statutes
Cyberlaw consists of:
b) Traditional legal principles that have changed because of technology.
Cyberlaw consists of?Cyberlaw is a broad term that encompasses the legal principles that apply to the use of technology, including computers, the internet, and networks.
This includes both traditional legal principles that have been adapted to the digital age, as well as new laws that have been created specifically to address cybercrimes.
For example, the law of contracts is a traditional legal principle that has been adapted to the digital age. In the past, contracts were typically formed by signing a piece of paper.
Therefore, the answer to the question is that cyberlaw consists of traditional legal principles that have changed because of technology.
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Kathy has $50,000 to invest today and would like to determine whether it is realistic for her to achieve her goal of buying a home for $150,000 in 10 years with this investment. What return must she achieve in order to buy her home in 10 years?
Answer:
So she must achieve about 11.61 %
Explanation:
Amount invest by Kathy = $50000
She wanted to buy a home for $150000
Time of investment = 10 years
We have to find the return which she received
Let she receives x return
So according to question [tex]50000\times (1+x)^{10}=150000[/tex]
[tex](1+x)^{10}=3[/tex]
[tex](1+x)=3^{0.1}[/tex]
[tex](1+x)=1.1161[/tex]
[tex]x=0.1161=11.61%[/tex]
So she must achieve about 11.61 %
Best Mobile and Turbo Tech Inc. are two competitors in the mobile phone market. The cost incurred by each company to manufacture smartphones is $200 per unit. Although both the companies sell their smartphones at the same price, Turbo Tech has a larger market share in the laptop industry. What does this imply?- Turbo Tech has a cost advantage over Best Mobile.- Best Mobile has a competitive advantage over Turbo Tech.- Turbo Tech has been able to offer more perceived value than Best Mobile.- Best Mobile has created a higher value gap than Turbo Tech.
Answer:
The answer is, Turbo Tech has been able to offer more perceived value than Best Mobile
Explanation:
In marketing, the customers’ perceived value refers to the merits they attach to a service or product due its ability to fulfill their expectations and demands in comparison with other products and services. The perceived utility between two products with similar quality and price may differ and this explains the reason why customers prefer Best Mobile products, especially laptops more than Turbo Tech.
Athens Machining had one job in Work in Process Inventory at the beginning of the month: Job 1376. The costs incurred to date on the job included $14.00 per direct labor hour. The total direct labor hours were 160 direct labor hours.
How much manufacturing overhead (MOH) should the manager allocate to Job 1376?
Answer:
The manufacturing overhead (MOH) should the manager allocate to Job 1376 for the month is $2,240.
Explanation:
The manufacturing overhead (MOH) in this is calculated by the multiplication of the cost incurred to date per direct labor hour by the total direct labor hours. This is just how it follows:
$14 per direct labor hour × 160 direct labor hours : $2,240
Which of the following are two features of public goods?
(a) They are provided according to the demands of the market and they are excludable.
(b) They are finite and paid for by individuals.
(c) Their costs are borne collectively and no one can be excluded from their benefits.
(d) They waste taxpayers’ money and provide goods no one wants.
Public goods are characterised by collective cost bearing and non-excludability. Everyone can benefit from public goods and one's use doesn't take away from others' ability to use it.
Explanation:
Public goods have two primary characteristics: '(c) Their costs are borne collectively and no one can be excluded from their benefits'. A public good is a good that is non-excludable and non-rivalrous. This means everyone can benefit from it and one person's use of the good does not diminish the availability for others to use. For instance, a public park is a public good since it's cost is paid by collective citizens (through taxes), and no one can be excluded from enjoying its benefits.
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Scenario: You are the Operations Section Chief at the Incident ,nd Post and request that all response communications be conducted using a pre-determined set of frequencies. You also remind everyone in the field to use plain language. What NIMS Management Characteristics are you supporting? Select all that apply.
a. Common Terminology
b. Management by Objectives
c. Incident Action Planning
d. Integrated Communications
e. Unified ,nd
f. Accountability
Answer:
The correct answers are a. Common Terminology; d. Integrated Communications
Explanation:
Common terminology is a writing style for writing documents that are easy to understand. The language used is concise, direct and does not omit any details. All of the above creates a simpler reading experience, which makes its content understood at the first reading.
For its part, integrated communications applied to marketing, as the name implies, coordinate and integrate all the tools, ways and sources of marketing communication of an organization. This integration, which includes activities such as advertising, public relations, CRM, event management, etc. It is developed within the framework of a coherent program that aims to efficiently maximize the impact on customers and other stakeholders.
As the Operations Section Chief at the Incident Command Post, by asking for all communications to be done on a set of frequencies and in plain language, you are supporting the NIMS Management Characteristics of 'Common Terminology', 'Integrated Communications', and 'Accountability'.
Explanation:In the scenario presented, where you as the Operations Section Chief at the Incident Command Post request all response communications to be conducted using a specific set of frequencies and require everyone in the field to use plain language, you are supporting several National Incident Management System (NIMS) Management Characteristics.
The characteristics being supported are 'Common Terminology', as you are emphasizing on the use of plain language; 'Integrated Communications', as you are insisting on using pre-determined frequencies for all communications; and 'Accountability', as adherence to set guidelines and standards determine individuals' responsibilities.
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_______ used to create an application that is helpful in designing business process models and also helpful in simulating, optimizing, monitoring, and maintaining various processes that occur within an organization.
Answer:
Business Process Management Tools
Explanation:
According to my research on different business processes, I can say that based on the information provided within the question the term being described are called Business Process Management Tools. Like mentioned in the question these are tools that assist an organization accomplish certain goals in their everyday functions, such as simulating, optimizing, and monitoring.
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If the Ricardian equivalence theorem LOADING... is not relevant, then an income-tax-rate cut A. will result in a multiple times higher increase in equilibrium real GDP in the long run; however, a tax-rate reduction will increase the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be more stable. B. will result in a multiple times higher decrease in equilibrium real GDP in the long run, however; a tax-rate reduction will reduce the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be more stable. C. will result in a multiple times higher increase in equilibrium real GDP in the short run; however, a tax-rate reduction will reduce the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be less stable. D. will result in a multiple times higher decrease in equilibrium real GDP in the short run; however, a tax-rate reduction will increase the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be less stable.
Final answer:
The correct answer is D. A tax-rate cut will result in a multiple times higher decrease in equilibrium real GDP in the short run; however, a tax-rate reduction will increase the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be less stable.
Explanation:
The correct answer is D. A tax-rate cut will result in a multiple times higher decrease in equilibrium real GDP in the short run; however, a tax-rate reduction will increase the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be less stable.
According to the Ricardian equivalence theorem, tax cuts are not relevant and do not have a significant impact on the economy. Therefore, a tax-rate cut will not result in a multiple times higher increase in equilibrium real GDP in the long run as option A suggests.
Additionally, a tax rate reduction reduces the automatic stabilizer properties of the tax system. This means that the tax system is less effective in stabilizing the economy during fluctuations. As a result, the equilibrium real GDP would be less stable.
Ford assembles some cars in Mexico because the lower wages the company pays to Mexican workers and the lower prices it pays for auto parts in Mexico reduces Ford's costs. This is an example of Ford reacting to which of the three key economic ideas?
Answer:
The key economic idea is: people respond to economic incentives
Explanation:
This economic idea is about taking advantage of opportunities to better yourself economically as a company.
People and companies could do things for a number of reasons or motives, but they usually do thing because they are good fot them monetarily.
In this case Ford is doing this because of the economic incentive of paying less to their workers and saving that money.
A restaurant kitchen contains a wall poster that shows, for each sandwich on the menu, a sketch of the ingredients and how they are arranged to make the sandwich. This is an example of a(n): a) assembly drawing. b) route sheet. c) bill of material. d) work order. e) assembly chart.
Answer:
Either A or E (probably more A)
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Howard Industries is a computer manufacturer located in Laurel, MS. This company is interested in expanding internationally. Which of the following is a cultural factor that affects consumer behavior and marketing strategy that Howard Industries needs to be aware of _________________.
a) Nonverbal communications
b) Natural resources
c) Economic conditions
d) Exchange rates
e) All of the above
Answer:
The correct answer is a) Nonverbal communications.
Explanation:
Nonverbal communication is a communication process in which there is a sending and receiving of messages without words, that is, by means of signs, gestures and signs. It has no syntactic structure, so it is not possible to analyze sequences of hierarchical constituents. The messages can be communicated through kinesics (gestures, body language, posture, facial expression, eye contact, etc.) the language; the proxémica and the chronémica.
A factory has a contract to produce small engines for lawn mowers. In order to find the greatest efficiencies possible
throughout the process, you have conducted a time study. If you invite the workers to participate in analyzing the results
and suggesting improvements, what type of methodology are you using?
Six Sigma
Cellular
Matrix
Winslow
Answer:
Winslow
Explanation:
Frederick Winslow Taylor said that any new improvement idea proposed by a workman, should be cientifically analized and considered. If it becomes superior to current method, must be adopted by the company as the new applicable standard.
This is the core of “Scientific Management” ( 1911 ) proposed by Winslow.
In the other hand, peculiarly, "inviting workers" action, as itself, could be considered an application of Marslow principles:
This move would pursue the three top levels of his pyramid :
Belonging: they are part of the whole
Self-esteem: employees will feel they are respected - and needed- by the organization
Self-actualization: workers will be able to develop their capabilities. So, applying those to the job, will make them know that goals proposed can be achieved
Answer:
six sigma
Explanation:
I took the answer from the other person and got it wrong. The correct answer is six sigma.
What internal factors affect the decision-making process of a leader?
Answer:
Training, support, employee performance, company values and technology.
Explanation:
Training: All leaders must have training, such as how to perform performance evaluations. Training in practical issues and management tasks encourages leaders to be more responsible.
Support: Leaders should have the support of the organization. The company's support for its department decisions and professional aspirations is essential for the development of better leaders.
Employee performance: The aptitude and professional interests of the personnel form the basis of the decisions that the leaders take when delegating tasks and responsibilities to the employees, being the same leaders the final responsibility for the result.
Company values: Leaders who work for successful, high-level organizations demonstrate pride and commitment to their positions.
Technology: Technological solutions give the leader greater productivity and efficiency. Technology is a fundamental factor for leaders because it affects their performance.
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Mason Corporation purchased a piece of land 5 years ago when the price of land was low. It plans to develop the land into a new facility when their current facility reaches its production limit, which it estimates will be in 4 years. On their classified balance sheet, Mason Corporation would classify this land as
A. property, plant, and equipment.
B. an intangible asset.
C. a long-term investment.
D. a current asset.
Answer: A long term investment
Explanation: In simple words, those assets which are purchased by an organisation with the intent of holding them for more than one year are called long term assets.
Mason is holding the land for five years. Hence, we can say that the land will be classified as long term investment.
It could have been considered as property, plant and equipment but the new facility has not been made yet.
Scott is an older individual applying for a job to work in a predominately millennial-aged workforce. His assumption that the interviewer thinks he is out of touch with current trends is an example of a(n) ___________ threat.
a) Discrimination
b) Personality
c) Workplace
d) Stereotype
e) Prejudice
Answer:
d) Stereotype
Explanation:
According to my research on studies conducted by various sociologists, I can say that based on the information provided within the question this is an example of a Stereotype threat. This can be said because a stereotype overgeneralized belief about a certain category of people, and Scott is applying the belief that all older generations are out of touch with current trends.
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Critics of _____ argue that the approach amounts to a mathematical formula to decide how ethical decisions affect individuals.
What term is used to describe an experiment run by an ad agency where the ad agency will recruit consumers to come watch a TV series and commercials? The consumer will then answer questions about the ads and the agency uses the responses to determine how well the ads will do in the real world.
Answer:
The correct answer would be, Copy Testing or Pre Testing.
Explanation:
Copy Testing or Pre Testing is a specialized research method of marketing which determines the effectiveness of the marketing plan like advertisement, promotion, etc, by recording the consumer's responses, feedback and behaviors.
So in this question when an ad agency recruit consumers to come watch a TV series and commercials between them, and then ask them questions about those ads, they are basically recording the consumer's response and behaviors and feedback of the consumers about the advertisement they formulated. This means they are practicing Copy Testing or Pre Testing.
Address You, a fancy dress manufacturer, sold a dress for $8,000 on credit. The cost of producing this dress was $1,000. First, how would the revenue and receivable from this transaction impact the accounting equation of Address You? Please enter the amounts in the boxes below.
Answer:
It will affect the accounting equation in $7.000.
Explanation:
The Assets will increase in $8.000 because Address You now have the right to claim to a customer $8.000 and is recognized in the Receivables. At the same time, Address You has to diminish its inventories at $1.000, because it delivered the dress to the customer. Finally, on the other hand, the profits for selling the dress ($8.000 - $1.000) affect the equity, and now the Accounting equation is balanced.
Final answer:
In a credit sale where a dress is sold for $8,000 and has a cost of $1,000, receivables and revenue both increase by $8,000 in the accounting equation, with no immediate liability change and a decrease in inventory for COGS.
Explanation:
When Address You, a fancy dress manufacturer, sold a dress for $8,000 on credit, the revenue and receivable would have the following impact on the accounting equation:
Receivables will increase by $8,000 because the customer owes this amount to the company.
Revenues will also increase by $8,000 reflecting the credit sales.
There is no immediate cash flow impact since the transaction is on credit.
The cost of the goods sold (COGS), which is $1,000, will decrease the inventory by this amount and is recorded as an expense.
This can be represented in the accounting equation as follows:
Assets = Liabilities + Owner's Equity
+ $8,000 (increase in receivables) = Not Applicable (no immediate liability from this transaction) + $8,000 (increase in revenues)
- $1,000 (decrease in inventory from COGS) = Not Applicable + Not Applicable
Ms. Chen manages a clothing store. Her boss, the district manager, suggests that she fire competent employees who are old or unattractive because "they aren't good ambassadors for our brand." Ms. Chen tells her boss, "I'm sorry, but I can't do as you ask. If anyone found out that we did this, it would damage the company's reputation. The average shopper wouldn't want to do business with us." Which ethical rule is Ms. Chen applying?a. Moral rights
b. Justice
c. Practical
d. Utilitarian
Ms. Chen applies the practical ethical rule, focusing on the impact of firing employees based on age or attractiveness on the company's reputation and relationships, rather than purely on moral or utilitarian grounds.
Explanation:In the scenario presented, Ms. Chen is applying the practical ethical rule. This rule takes into account the practical consequences of an action for the stakeholders involved. In terms of business ethics, this focuses on the impact that decisions have on the company's reputation and relationships with its customers and employees, rather than purely on moral doctrines or the totality of good produced by an action. Ms. Chen's concern for the potential damage to the company's reputation if it were found to be discriminating against employees based on age or attractiveness underscores the practical considerations of maintaining trust and goodwill among the public.
It is also important to note that, while elements of justice and moral rights are touched upon due to the nature of the discrimination involved, Ms. Chen's argument is based on the practical outcomes for the company rather than on justice for the employees or a utilitarian calculation of happiness or utility. Therefore, option c, the practical rule, is the primary ethical consideration being applied by Ms. Chen in this instance.
You have just been promoted to manage a team of production specialists at work. You soon realize that many of the employees seem withdrawn from their work and the team, citing issues such as stress, negative attitudes about a supervisor, and poor interactions with co-workers. To combat these problems you examine group cohesion, which focuses on _________. A.the ability of the group to stick together B.the group's process development C.the quantity and quality of a group's output D.thegroup's productivity E.the group's team member selection process
Answer:
Option (A) the ability of the group to stick together
Explanation:
The team is defined as the group of individual who work together to get a specified task done.
Here,
The workers seems to have withdrawn from the work and team that means, the group of members are not behaving as a team.
Therefore, it is needed for the manager of the team to make them stick together as a team so as to get the production better.
Variable costs are:
sunk costs.
the change in total cost associated with the production of an additional unit of output.
costs that change every day.
costs that change with the amount of output a firm produces.
Answer:
the change in total cost associated with the production of an additional unit of output.
Explanation:
A variable cost is a cost that changes in relation to variations in an activity. In a business, the "activity" is frequently production volume.
Nathan works as a materials scientist for a carpet manufacturer. He has developed a material that does not work well in carpeting, but it could have applications in hard flooring or other construction products. Nathan has been made the team lead for a group of scientists tasked with determining some marketable uses for the new material. The group could be referred to as:
A. skunkworks.
B. delegates.
C. horse traders.
D. bootleggers.
E. spin-offs.
Answer:
A. skunkworks.
Explanation:
skunkworks -
A skunkwork groups are the small and loosely structured group of people , who develop and research a project , and their main focus is radical innovation .
The term , skunkwork , originated in the world war ll , during the P - 80 shooting star design . This term was then generalized to be applicable to same high - priority R & D projects .
From the data of the question , the group is called the skunkwork .