Cooperation with Lead Users and Flexibility Are Two Illustrations Of

question 73

Multiple Choice

Cooperation with lead users and flexibility are two illustrations of:

• A)Business level strategies
• B)Corporate level strategies associated with innovation and technological management
• C)Tactics to limit the exposure to financial risk in the context of a depressed economy
• D)Strategies to limit the technological risk associated with emerging industries

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Definitions:

Synergy

The increased effectiveness that results when individuals, groups, or systems work together compared to when they operate separately.

Design a New Product

The process of creating a novel item or service that fulfills a specific consumer need or addresses a particular market niche.

Norming Stage

A stage in team development where members resolve conflicts, establish norms, and foster unity.

Cohesiveness

The degree to which members of a group or team are attracted to each other and motivated to stay in the group.