In Addition to Seeking Ideas from More Well-Known Sources, Organizations

question 53

Multiple Choice

In addition to seeking ideas from more well-known sources, organizations also get ideas from universities, inventors, and small non-traditional firms.For example, Gary Schwartzberg sold his idea for __________ to Kraft Foods, Inc.

• A)scones with coffee flavored cream filling
• B)an vitamin enriched edible water bottle
• C)tube-shaped bagels filled with cream cheese
• D)deep fried chicken skins for people who cannot eat pork
• E)crispy baked macaroni and cheese that can be eaten out of the box like a snack

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Definitions:

Payment Of Dividends

The allocation of part of a corporation's profits to its shareholders, as decided by the corporation's board of directors.

Financing Activities

This term refers to transactions and events through which a business raises funds to operate and expand, such as issuing debt or selling equity.

Purchase Of Equipment

The acquisition of equipment that a business requires for its operations, treated as a capital expenditure.

Investing Activities

Transactions and events that involve the purchase and sale of long-term assets and other investments, not directly related to the entity's normal line of business.