Which One of the Following Statements Is TRUE

question 81

Multiple Choice

Which one of the following statements is TRUE?

• A) The process of concurrent engineering requires design engineers, manufacturing specialists, and marketers to work jointly in designing a product and selecting a production process.
• B) Increased market segmentation and technological advances mandate long development cycles.
• C) Firms like Ford and Honda found that the concept of concurrent engineering is not cost effective.
• D) Recent trends are for manufacturing firms not to involve operations until the final design stage has been reached.

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Definitions:

Desk Pieces

Items or accessories placed on a desk for functional or decorative purposes, often used in professional settings.

Intermediaries

Agents or businesses that act as a middleman in the distribution process or transactions between producers and consumers.

Agents

An intermediary who brings buyers and sellers together and facilitates the exchange.

Brokers

An intermediary who represents clients who buy or sell specialized goods or seasonal products.