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Functional fixedness
Functional fixedness is one of the mental blocks that can impede the creativity. Functional fixedness is the "tendency for one to perceive an object only in terms of its common use". Sometimes, we see an object only in terms of its name, rather than in terms of what it can do. For example, traditionally shopping centres were places where people want to buy something specific, until it was discovered in the mid-1990s that many people go shopping for entertainment. 'Borders books and music' discovered this new trend. Its shop on Orchard Road in Singapore offers a huge selection of books and compact discs, a café and a bistro. The revolutionary thing about Borders is that, with its cosy armchairs and well-informed staff, it encourages shoppers to browse. Now that you know about the functional fixedness, try to think at least three unusual, fanciful but practical use for the below items. A sheet of paper; A candle; A nail; A spoon; A pair of socks;
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Suggest how the Federal Reserve and its monetary policy affect each of the three securities today (Equity securities, Debt securities, and derivative securities
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The benefit of providing the financial information should also be weighed against the cost of providing it.
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Calculate the gross margin for each product. (Round your intermediate calculations and final answers to 2 decimal places.)
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a) Given that outsourcing is a viable alternative to Foreign Direct Investment (FDI), explain any TWO (2) issues should be considered before a firm decides betw
Should the government raise the budget deficit in the coming years, if so what type of impact will it have on the economy?
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