Which of the following is a step-by-step procedure used to discover original ideas and reorganize existing concepts in new ways?
A. ideation methodology
B. innovative promotional process
C. intuitive procedure
D. creative aggregation
E. creative process
Answer: E
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If goods are shipped FOB destination, the seller does not record revenue from the sale until the goods arrive at their destination because the transaction is not complete until that point.
Answer the following statement true (T) or false (F)
A company received a special one-time order to buy 6,000 of its portable radios for $20. The radios generally sell for $25. Each radio's total manufacturing cost is $21.50, which includes $2.50 of allocated fixed overhead. Should the company accept the special order?
What will be an ideal response?
Which of the following is not one of the four general types of negotiable instruments?
A) Money orders B) Checks C) Certificates of deposit D) Drafts E) Notes
In which auction does the buyer review the submitted bids at the end of the auction period and award the contract to the supplier with lowest price?
a. English auction b. Dutch auction c. sealed-bid first-price auction d. second-price auction