"Concurrent Engineering" Is Best Described As

question 40

Multiple Choice

"Concurrent engineering" is best described as:

• A)The simultaneous implementation of engineering projects critical to the manufacture of new products.
• B)Assigning multiple engineers to a project to ensure the accuracy of the work.
• C)The simultaneous design and development of all the processes and information needed to manufacture a product,to sell it,to distribute it,and to service it.
• D)Engineering techniques that seek to capture leading-edge knowledge and technology in the design phase of a new product.

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Definitions:

Marketing Organization

A group or structure within a company that focuses on promoting and selling products or services.

Blue Ocean Strategy

A business approach that focuses on creating new market spaces (or "blue oceans") that are uncontested by competition, rather than competing in existing markets.

Industry Factors

Elements and conditions within an industry that influence the operations and competitiveness of businesses, including economic trends, regulatory policies, and technological advancements.

Four Actions

Typically refers to an approach in strategic business analysis (such as the Blue Ocean Strategy) that encourages companies to simultaneously pursue differentiation and low cost.