A Key to Effective Brainstorming Is

question 14

Multiple Choice

A key to effective brainstorming is:

• A) evaluating ideas during spontaneous idea generation.
• B) generating as many ideas as possible.
• C) setting practical limits, such as cost and location, on the ideas.
• D) dividing ideas into smaller units.

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Definitions:

Sales Budgets

Detailed projections of a company’s sales revenue for a specific period, used for planning and control purposes.

Direct Materials Budget

A financial plan that estimates the raw materials required for production and the expected cost during a specific period.

Manufacturing Overhead Budget

A planned document detailing the expected manufacturing overhead costs for a specific period, helping managers in the decision-making process regarding the allocation of resources.

Sales Budget

A detailed forecast of future sales, typically the first step in the budgeting process, driving the company's production, workforce, and financial planning.