Which of the following statements best explains why idea screening may be the most important step of new product development?
A) It increases the number of ideas generated.
B) Some potentially profitable ideas may be ill perceived by the idea screeners.
C) Some ideas that will become market disasters may be originally viewed favorably by the idea screeners.
D) It gives research and development team members an opportunity to gather consumer feedback.
E) It saves the company money in product development costs by giving the green light to only the product ideas that are likely to be profitable.
E
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Exhibit 20-3 On January 1, 2016, Quinn Company enters into a five-year sales-type lease with Andy Company. The lease requires Andy to make five annual payments at the beginning of the year, with the first payment due January 1, 2016. The lease includes a bargain purchase price of $10,000. Quinn requires a 10% rate of return. The cost to Quinn of the property is $100,000, and it has a fair value
of $150,000. Present value factors for a 10% interest rate are as follows: Present value of $1 for n = 1 0.909091 Present value of $1 for n = 5 0.620921 Present value of an ordinary annuity for n = 5 3.790787 Present value of an annuity due for n = 5 4.169865 ? Refer to Exhibit 20-3. What is the amount of the annual lease payment Quinn would require (round the answer to the nearest dollar)? A) $35,972 B) $39,570 C) $34,483 D) $37,931
When developing the conceptual design of a system,
a. all similarities and differences between competing systems are highlighted b. structure diagrams are commonly used c. the format for input screens and source documents is decided d. inputs, processes, and outputs that distinguish one alternative from another are identified
Ebony is fortunate to be working for one of the top employee-centered firms in the country. Everyone feels that they are treated fairly and with respect so there is no need to unionize. She works:
a. in a doctrinaire firm b. in a right-to-work state c. in an open shop d. in a philosophy-laden firm e. with a sweetheart contract
Employees assess fairness along the distributive dimension when their assessment is based on
A. the systems used to assess performance. B. how much they receive. C. organizational procedures. D. supervisors' feedback. E. their judgment of the management.