Blair Housewares wants to add new products to its existing line of products. Managers are correct in believing that the purpose of idea generation is to create a few ideas, and the purpose of succeeding stages is to increase that number

Indicate whether the statement is true or false

FALSE

Business

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A company produces 200 microwave ovens per month, each of which includes one electrical circuit

The company currently manufactures the circuits in-house but is considering outsourcing the circuits at a contract cost of $30 each. Currently, the cost of producing circuits in-house includes variable costs of $24 per circuit and fixed costs of $12,000 per month. Assume the company could cut fixed costs in half by outsourcing and that there is no alternative use for the facilities presently being used to make circuits. If the company outsources, operating income will ________. A) increase by $4,800 B) decrease by $4,800 C) decrease by $1,200 D) stay the same

Business

Which of the following statements is true about acceptance of goods and the revocation of that

acceptance? A) Goods can be rejected in more circumstances than those where an acceptance of goods can be revoked. B) An acceptance of goods can be revoked in any circumstance where the goods could have been rejected initially. C) If the buyer actually saw and inspected the goods prior to acceptance, the acceptance of those goods cannot be revoked. D) In order to reject nonconforming goods, the nonconformity must be one that substantially impairs the value of the goods to the buyer.

Business