List and describe three ways to generate innovative solutions.
What will be an ideal response?
Brainstorming—all ideas are quickly added to a list without criticism or debate, and ideas will be evaluated at a later point. The goal of brainstorming is quantity of ideas;
Nominal Group Technique—team members brainstorm independently and then combine their ideas into a long list everyone can view;
Idea Writing—team members write idea on the top of a piece of paper and pass the paper around, with each member adding ideas to the list;
Role Playing—team member places themselves in the role of another team member or customer/client, and answers questions about the problem from that perspective.
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Which of the following costs usually would not be included in the cost of inventory?
a. Insurance on goods in transit b. Related tariffs c. Invoice price less purchase discounts d. Storage costs
Choose the correct word or words in parentheses. The movie theater is (opposite, opposite to) our favorite Mexican restaurant
When Georgina is frustrated, she perseveres until she resolves the issue causing her frustration. Georgina has a ______
a. growth mindset b. fixed mindset c. fearful mindset d. left-brain mindset
Marketing channel management and supply chain management are virtually the same.
Answer the following statement true (T) or false (F)