What Is an Important Attribute for a Product Development Team

question 75

Multiple Choice

What is an important attribute for a product development team to function effectively and meet all of its development milestones?

• A) It should be led by a "heavyweight" project manager who has high status within the organization.
• B) The team members should always be physically in diverse locations in order to cover multiple bases.
• C) It should have preset processes for communication and conflict resolution that are developed by top management.
• D) It should have at least three members from each key function included.
• E) Its team members should be a part of more than two cross-functional teams.

Describe and differentiate between need theories and process theories of motivation.

Explain the components and implications of Self-Determination Theory.

Identify the needs outlined in Maslow's hierarchy and their correspondence in Alderfer's ERG theory.

Understand the significance of autonomy and related support in enhancing employee motivation and job performance.

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Definitions:

Profit Difference

The variance between the estimated profit and the actual profit realized, indicating effectiveness of financial management and operations.

Weight Allocation

Weight allocation refers to the method of assigning proportions of a total, such as costs or resources, based on the relative weight or importance of various components or activities.

Physical Units Method

An inventory costing method that allocates costs based on the actual physical units of goods available for sale or use.

By-Product

A secondary product derived from the manufacturing process or chemical reaction that is incidental to the main product.