Document Your Idea

question 66

Multiple Choice

Document your idea:

• A)after you have discussed it with your lawyer
• B)after you have completed a prototype of the product
• C)as soon as possible
• D)after you have test marketed it

---

Definitions:

Off-Peak Period

A time period during which demand for a service or product is lowest, often leading to lower prices.

Marginal Subcontracting Cost

The additional cost incurred for subcontracting an extra unit of production or service, beyond current levels.

Layoff Cost

Expenses incurred by an organization when it temporarily or permanently terminates employment, typically including severance pay and benefits continuation.

Hiring And Training Cost

Expenses incurred in recruiting and equipping new employees with the necessary skills and knowledge for their roles.