Solved

In 1965,Fred Smith Wrote a Management Class Paper Proposing Reliable

Question 36

Multiple Choice

In 1965,Fred Smith wrote a management class paper proposing reliable overnight delivery service.His professor gave him a C,because "the concept is interesting and well-formed,but in order to earn better than a C,[it] must be feasible." Smith ignored his professor's statement and founded Federal Express (FedEx) ,a company that is now worth more than $3 billion.Smith's professor wanted him to stick to business solutions that were proven,not come up with something "outside the box." In other words,Smith's professor was relying on a/an


A) mental set.
B) deductive approach.
C) inductive approach.
D) litmus test.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions