3M Inventor,David Windorski Took This Approach When He Developed the Post-It

question 71

Multiple Choice

3M inventor,David Windorski took this approach when he developed the Post-it Flag Highlighter:

• A)He first asked students to identify their needs and wants.
• B)He asked students to bring him their five favorite office product items they used for studying.
• C)He patented his idea and sold it to 3M.
• D)He started with his idea and then investigated if there was a market for it.
• E)He petitioned 3M executives for the right to conduct independent research that ultimately resulted in the 15% rule.

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Definitions:

Tax Rate

The amount of income or profits upon which tax is imposed for persons or businesses.

Sales

The total amount of revenue generated by a company through the sale of goods or services before any costs or expenses are deducted.

Operating Cash Flow

The cash generated from a company's regular business operations, indicating whether a company is able to generate sufficient positive cash flow to maintain and grow its operations.

Cash Flow

The aggregated sum of money being circulated in and out of a firm, importantly influencing its liquid financial resources.