Monica Manages a Cross-Functional Team That Is Responsible for Designing

question 28

Multiple Choice

Monica manages a cross-functional team that is responsible for designing the company's product strategy for Asia. She works with staff from marketing, operations, and R&D, all working together. What is most likely true about this type of structure?

• A) Lines of communication are very clear.
• B) There is increased flexibility and collaboration.
• C) Each person has specialized support from a staff manager.
• D) Conflicts will be easier to solve.

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Definitions:

Proportional Income Tax

A tax system where the tax rate remains constant regardless of the amount of income, thus taxing all income levels at the same percentage.

Horizontal Equity

The principle that individuals or entities in similar financial situations should be treated equally by the tax system or other public policies.

Tax Burdens

The total amount of taxes imposed on an individual or business by a government entity.

Ability to Pay

A principle suggesting that those with greater financial resources should contribute more in taxes.