Brainstorming Results in Production Blocking Because

question 93

Multiple Choice

Brainstorming results in production blocking because:

• A)members have to wait their turn to express their ideas.
• B)members do not work as hard thinking up ideas as they would if they had to turn in individual ideas.
• C)members are hesitant to express ideas that are not well thought-out.
• D)members are reluctant to pool good ideas with other ideas that are bad.
• E)members have the tendency to social loaf due to lack of accountability.

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Definitions:

Credit Policy

Credit policy refers to the guidelines that a company follows to determine the credit terms under which it will extend credit to its customers.

Severe Cash Flow

A situation where a business or individual experiences extreme difficulties in generating enough cash to cover operating expenses or meet financial obligations.

Liberal Credit Policy

A liberal credit policy is a financial strategy where companies extend credit terms to customers more freely, aiming to increase sales volume by allowing more flexible payment options.

Economic Order Quantity

A calculation used to determine the optimal order size that minimizes the sum of carrying costs and ordering costs in inventory management.