Which of the following can help business firms stimulate innovation?
a. Hiring employees with low risk tolerance
b. Telling employees that they must fear failure
c. Instructing managers to use micromanagement techniques
d. Using teams of writers to imagine detailed opportunities and threats for their companies
ANSWER: d
To foster innovation, some firms use teams of writers to imagine detailed opportunities and threats for their companies, partners, and collaborators in future markets.
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Doug gave some people street directions, but because they only nodded their heads and didn't repeat the directions back to him, he doesn't really know whether the directions were understood. What type of barrier is present here?
A. feedback B. sender C. encoding D. medium E. decoding
The key to attracting potential users, or even possibly nonusers, is ________
A) understanding the reasons they are not using B) offering financial incentives for first-time use C) increasing the usage rate of existing users D) developing a new product that better meets their needs E) increasing advertising expenditures
Capital expenditures are costs that are charged to Stockholders' Equity accounts
Indicate whether the statement is true or false
Assess your options, given your analysis of the situation, and then pick ___________________
a. someone to blame the problem on b. a course of action c. your exit strategy d. the easiest solution