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RUDIKE [14]
3 years ago
10

Like many other marketing strategy specialists, Mike relies heavily on creativity and originality. Members of his team are selec

ted on the basis of their ability to think divergently, and Mike often conducts activities to ensure that this ability is developed. For instance, before any new project, Mike invites his team to sit together and churn out possible ideas about the new product, its theme, and ways in which it can be projected best in the market. These sessions usually provide him with a bank of potential ideas from which the team selects some strong concepts and develops them into a campaign. To encourage freedom in these sessions, Mike has a no-evaluation policy. This is an example of ________.
Business
1 answer:
damaskus [11]3 years ago
8 0

Answer:

<u>Brainstorming.</u>

Explanation:

The situation exposed in the question above is an example of brainstorming, which can be defined as a group dynamics technique where there is the generation of ideas for a given project.

This activity is developed with the main objective of exploring the creative and innovative capacity of an individual or a group, stimulating the team's creativity, collecting ideas and the maximum amount of information, visions and possibilities in order to achieve a determined objective.

You might be interested in
Mark is interested in becoming a bio
maxonik [38]

Answer:

ok

Explanation:

4 0
3 years ago
Calip Corporation, a merchandising company, reported the following results for October: Sales $427,000 Cost of goods sold (all v
nekit [7.7K]

Answer: $222,800

Explanation:

Given that,

Sales = $427,000

Cost of goods sold (all variable) = $173,400

Total variable selling expense = $21,200

Total fixed selling expense = $18,900

Total variable administrative expense = $9,600

Total fixed administrative expense = $36,300

Variable expenses:

= Cost of goods sold + Variable selling expense + Variable administrative expense

= $173,400 + $21,200 + $9,600

= $204,200

Contribution margin = Sales - Variable expenses

                                  = $427,000 - $204,200  

                                 = $222,800

5 0
2 years ago
Merticao, a French textile company, supplied most of its products to its primary market in Hestonia, a North American nation. Ho
Paraphin [41]

Answer:

reduce risk

Explanation:

In the case when hestonis faced an economic downturn so here the expenditures are to be decreased also merticao starts for focusing more on the domestic market so here the loss should be survived due to decreased the risk in teh global trade in the primary market

Hence, the above term should be fit to the given situation

3 0
2 years ago
What are the things that you need to change for you to be a better person​??
ivann1987 [24]

Explanation:

  • Any negative attitude you might ha e toward life and/or work
  • If the way you treat others is not how you want to be treated, you need to change your behavior.
  • Be open-minded
  • Always try to see the good
  • Love yourself
4 0
2 years ago
Mike says, "The possibility that my house may burn isa pure risk for me, but if I buy insurance, it is a speculativerisk for the
PilotLPTM [1.2K]

Answer:

I agree with Mike because pure risks involve only possible losses. Since he owns his house, the possibility of it burning down would represent only a loss to him.

But if he buys insurance, he will pay an insurance premium which means that if the house burns down, the company will lose money, but if the hose doesn't burn down, the insurance company will make a profit. This represents speculative risk because the possibility of a gain and a loss exist.

3 0
3 years ago
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