A Person Starts from One Point and Comes Up with Many

question 99

Multiple Choice

A person starts from one point and comes up with many different ideas or possibilities based on that point. The person is engaging in ________.

• A) functional thinking
• B) circular thinking
• C) convergent thinking
• D) divergent thinking

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Definitions:

Annual Sales

Annual sales is the total amount of sales or revenue a company generates in a fiscal year.

Retailer

A retailer is a business or person that sells goods directly to consumers for personal or household consumption.

Short-Term Financing Policies

Strategies a company uses to manage its immediate or short-term financial needs and operational expenses.

Conservative Financing Policy

A financial strategy that prioritizes safety and liquidity, often characterized by maintaining high cash reserves and using less leverage.