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Leviafan [203]
2 years ago
5

Generating ideas often includes brainstorming or brainwriting. These techniques can be an effective way to produce the best idea

s if they are done correctly. Read the scenario, and then identify how the brainstorming or brainwriting process could be improved. Jeanne, a girls’ outdoor adventure leader, created a meeting agenda to address a problem her troop had. Their cookie fundraiser was in trouble: The mint chocolate chip cookies were not selling. Jeanne wanted the girls to come up with new cookie ideas and innovative ways to sell them. The group began the session by yelling out cookie ideas ranging from real mud pies to snickerdoodles in the shape of a bear. It was an amazing session; everyone participated. The group came up with 50 new cookie ideas in less than 12 minutes, but they could remember only a few of them at the end of the meeting. To improve the group’s brainstorming, Jeanne should:_________
a. Use flip-charts and classify ideas
b. Create an agenda
c. Encourage out-of-the-box thinking

Choose whether the following situation represents crowdsourcing, crowd-storming, or crowdfunding. You own a local coffeeshop. Recently, you noticed that customers were doodling on your white paper cups. Intrigued, you set up a contest, and asked your customers to submit their best doodles to you. You chose your favorite doodle, and put it on a reusable cup. This is an example of:

a. Crowd-storming
b. Crowdsourcing
c. Crowdfunding
Business
1 answer:
Lady bird [3.3K]2 years ago
6 0

Answer:

1- a. Use flip-charts and classify ideas.

2) a. Crowd-storming.

Explanation:

1- To improve the group's brainstorm, Jeanne should use flipcharts and classify ideas.

Flipcharts is a whiteboard used as a visual resource, which allows the best visualization of graphics, new ideas, etc., in a dynamic and summarized way, since this visual resource attracts attention, records and helps in the fixing of content and central ideals.

2- The situation represents crowdstorming, which is a marketing strategy used when an organization wants to improve the services and products offered through interaction with groups of employees who can even be consumers, as in the case above.

This strategy helps in better brand positioning, by receiving direct feedbacks from the potential public, which helps in better meeting their wants and needs.

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On January 10, Year 1, Wayne, Inc., purchased 5,000 of Jason bonds at $60 par per bond. The purchase is a long-term investment a
Phantasy [73]

Answer:

$70,000 loss

Explanation:

the carrying value at December 31, Year 1 = 5,000 shares x $60 per share = $300,000

the fair market value at December 31, Year 1 = 5,000 shares x $46 per share = $230,000

realized loss/gain = fair market value - carrying value = $230,000 - $300,000 = -$70,000 or $70,000 loss

4 0
2 years ago
Consider two markets: the market for motorcycles and the market for pancakes. The initial equilibrium for both markets is the sa
Tamiku [17]

Answer:

1. PES for pancakes is 2.45

2. Supply in the market for motorcycles is  less elastic than supply in the market for pancakes.

Explanation:

Price elasticity of supply is the responsiveness of quantity supplied to a change in price. it is calculated by dividing the % change in quantity supplied by the % change in price. Generally, it can be of two types:

  1. Price Elastic: Change in quantity supplied is higher than change in price. PES > 1
  2. Price Inelastic: Change in quantity supplied is lower than change in price. PES < 1

When calculated using the mid-point formula, this is the formula used:

<u>(Q2 - Q1) / [(Q2 + Q1)/2]</u>

(P2 - P1) / [(P2 + P1)/2]

1. We will now substitute the actual values of pancakes in place after identifying them from the question:

Equilibrium Quantity - 27 (Q1)

New Quantity - 109 (Q2)

Equilibrium Price - $6.50 (P1)

New Price - $10.75 (P2)

<u>(109 - 27) / [(109 + 27)/2] </u>

(10.75 - 6.50) / [(10.75 + 6.50)/2]

<u>1.21 </u>

0.493

Therefore, PES for pancakes is 2.45 (approx. two decimal places) suggesting it is price elastic.

2. In order to check whether motorcycles or pancakes are more elastic, we calculate the PES of motorcycles using the same method:

Equilibrium Quantity - 27 (Q1)

New Quantity - 61 (Q2)

Equilibrium Price - $6.50 (P1)

New Price - $10.75 (P2)

<u>(61 - 27) / [(61 + 27)/2]</u>

(10.75 - 6.50) / [(10.75 + 6.50)/2]

<u>0.77</u>

0.493

Therefore, PES for motorcycles is 1.56 (approx. two decimal places) suggesting it is price elastic. However, it is less price elastic than PES for pancakes.

One reason for this could be production time. Pancakes can be produced much faster than motorcycles. Therefore, it is more flexible to price changes.

4 0
2 years ago
A private not-for-profit entity is working to create a cure for a disease. The charity starts the year with one asset, cash of $
BARSIC [14]

Answer and Explanation:

Net assets:

Donor without restrictions $488400

Donor with restrictions. $320100

Liabilities:

Notes payable. $250000

Salaries payable. $5000

Deferred revenue $27500

Donated amount in separate entity $10000.

$1101000

Assets:

Cash $738000

Equipment $280000

Receivables $83000

$1101000

Notes:

1. Cash.

Beginning cash $700,000

contributions $210,000

less salaries $80,000

less equipment purchase $50,000

Membership dues $30,000

Add contribution $10,000

Add investment income $13,000

less advertisement pay $2,000

less pay for supplies $93,000

2.Pledges receivable:

$78,000 plus the $5,000 in interest for period

3. Equipment. acquired equipment at $300,000 during the year.

4. Accumulated Depreciation: depreciation amounted to $20,000 for the equipment purchased till date.

5. Deferred Revenue: deferred revenue amounts to 27500 in membership dues since they've only earned 1/12 of the $30000 in exchange transactions.

6. Notes Payable: amount accrued for equipment

7. Salaries Payable: salaries owed employees as at end of the year

9. Donated Amount in Separate Entity. The organization does not hold variance powers for the amount contributed by a donor and so it's a liability

4 0
2 years ago
Which of the following is a distinct advantage of exporting? A. Absolute control over operations in the foreign nation B. It may
victus00 [196]

Answer: B. It may help a firm achieve experience curve and location economies

Explanation: Exporting is defined as the act of conveying or sending commodities abroad or to another country, in the course of commerce. Exporting provides a distinct advantage to firms in that it helps them achieve experience curve (which posits that the more experience a business has in the production of product, the lower its costs in producing the product) and location economies (the production of a good or product under the most optimum settings that confers an added advantage in cost of productions over their competitors).

7 0
2 years ago
Imagine that you calculate the inflation rate of some economy using the CPI. You get that inflation in 2008 was 22.4%, in 2009 w
Free_Kalibri [48]

Answer:

The calculation will be more accurate, because the base year is the oldest.

CPI is calculated as

(P_n / P_base - 1)*100

as:

P_n prices at time n

The mathematical reason why it is better to take the oldest year is that % growth works better

3 0
2 years ago
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