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butalik [34]
3 years ago
9

Innovation Class! I am having a hard time coming up with ideas for my innovation class. Can you help me brainstorm or offer a fe

w ideas with the prompts below in mind? They need to be ideas rather than examples of things that are already in existence. Each idea needs to come from a separate prompt so if you can only think of an idea for one prompt, please still let me know your idea, I am grateful for any help I can get. Thank you so much!!
Prompts:


1. Substitute - Find a part or parts of an existing product or service and replace them for something else that makes the product/service serve a different purpose or work better for its current purpose.


2. Combine - Find two existing products or services and combine them to make a new product/service.


3. Adapt - Find an existing product/service that is targeted at a specific target market (for example, a product advertised for women specifically) and change that product in a way that makes it targeted at a different market.


4. Magnify/Minify - Find an existing product/service and make it smaller or larger. The new product/service could do something different than before or be targeted at a different audience than before.


5. Put to another use - Find an existing product/service and recycle it, so to speak. It should serve a completely different purpose now.


6. Eliminate - Take a part or parts of an existing product or service and eliminate them. The product should better serve its purpose or a different because of the elimination.


7. Rearrange - Find an existing service and rearrange the way it is completed. The customer could do part of it or the way it is completed could change.


Thank you so much for your help!!!
Business
1 answer:
Marrrta [24]3 years ago
5 0

<h2>\mathfrak{ 1. Create your own “Three Ifs”2. Practice dreaming3. Make time for cohesive creative thinking4. Learn to pitch your ideas (in an elevator)5. Bounce \:  ideas \:  off  \: others} </h2>
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OLEGan [10]

Answer: Option B      

 

Explanation: In simple words, functional departmentalization refers to the process in which an organisation makes different departments within, for performing different tasks.

For example - all the activities related to procurement of money will be performed by finance department.

The main advantage of doing so is that each department will perform only specific assigned activities and all the employees working in the departments will be those who are experts in the field.

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4 years ago
Taylor Inc. has some material that originally cost $65,500. The material has a scrap value of $56,300 as is, but if reworked at
fgiga [73]

Answer:

-$2,350

Explanation:

In this question, we have to compare the cost which is shown below:

If we considered the reworked cost, then the sales would be

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= $53,950

And the scrap value is $56,300

So, the financial disadvantage would be

= Sales without reworked cost - scrap value

= $53,950 - $56,300

= -$2,350

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
Which of the following is a disadvantage of being a private limited company?
inysia [295]
The most likely answer here is B
6 0
3 years ago
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Lubov Fominskaja [6]

Answer:

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If the insurance company knows that a person has intentionally lied about his/her age, they will adjust the insurance amount and premium to match the correct age of the insured. E.g. in this case, Lisa will probably be required to pay a higher premium on her policy, and depending on her age, the insurance amount might be lower.

4 0
3 years ago
The Reynolds Corporation buys from its suppliers on terms of 3/13, net 35. Reynolds has not been utilizing the discounts offered
grin007 [14]

Answer:

Explanation:

A)

cost of not taking a cash discount = (1+3/(100-3))^(360/(35-13)) -1

cost of not taking a cash discount = 66.5%

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Effective rate of interest if the company borrows from the bank = 19.3%

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