Describe how a firm can generate ideas for new products. Provide at least two examples of new product idea generation techniques.
What will be an ideal response?
A successful answer will address the variety of new product idea generation methods described in the textbook.
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On January 1, 2014, the Accounts Receivable and the Allowance for Uncollectible Accounts for Darius Company carried balances of $20,000 and $550 respectively. During the year, the company reported $70,000 of credit sales. There were $400 of receivables written off as uncollectible in 2014 . Cash collections of receivables amounted to $74,700 . The company estimates that it will be unable to
collect 5% of the year-end accounts receivable balance. The net realizable value of receivables appearing on the 2014 balance sheet will amount to: a. $14,105 b. $14,155 c. $14,900 d. $15,450
Which of the following payments is considered preferential?
A. Payment made by an insolvent debtor within 250 days of the filing of the bankruptcy petition B. Payments made in the ordinary course of business C. Payment to a creditor giving him a greater percentage of a preexisting debt than other similar creditors D. Payment of monthly utility bills
A method used to determine if specific programs are achieving goals is called ______.
A. systems theory B. program evaluation C. statistical benchmarking D. effectiveness evaluation
The purpose of using appropriate keywords to describe your characteristics and credentials in an online résumé is to
A) concisely and honestly describe your work history. B) emphasize action verbs that show what you have accomplished. C) have your résumé chosen by an automated résumé system. D) make a consistent and professional impression.