You Have Just Been Assigned the Task of Developing an Innovative

question 115

Multiple Choice

You have just been assigned the task of developing an innovative new product, using people from engineering, marketing, purchasing, and one or two other departments in the organization. To help the group to be as creative as possible, you would:

• A)give the team a very tight deadline to come up with a creative idea.
• B)encourage competition among team members as to who has the best job performance.
• C)move these employees out of their departments and into a common area where they can continuously communicate with each other.
• D)threaten to fire any team member who suggests a silly idea that wastes time in the product-development process.
• E)apply all of these activities.

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Definitions:

Credit Sale

A business transaction in which the purchaser buys goods or services on account, agreeing to pay the seller at a future date.

Pay Later

A type of payment arrangement allowing the purchaser to buy goods or services and defer payment to a future date.

Sales Receipt

A document that records a transaction where the payment is made immediately at the time of sale.

Invoice

An invoice is a document issued by a seller to a buyer, outlining products or services provided, amounts due, and payment terms.