Which of the Following Is a Disadvantage of a Team-Based

question 71

Multiple Choice

Which of the following is a disadvantage of a team-based approach to new product development?

• A) It takes longer for the development of a new product.
• B) The development effort is not as effective because of employee inexperience.
• C) It decreases the efficiency of the new product development process.
• D) It can result in organizational confusion and tension.
• E) The process does not work with the shorter life cycles of many of today's products.

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Deposit Slip

A written form that lists cash and checks being deposited in a bank account and cash received from the amount being deposited.

Currency

A system of money in general use in a particular country, representing the medium of exchange for goods and services.

Check Register

A place for recording important information about each transaction.

Cash Balance

The amount of cash on hand or in a bank account that is immediately available for use.