The Team-Based New-Product Development Approach Is Faster Because Departments Work

question 88

Multiple Choice

The team-based new-product development approach is faster because departments work closely together through ________.

• A)divisional teams
• B)traditional teams
• C)self-reference groups
• D)cross-functional teams
• E)departmental teams

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Definitions:

Fixed Costs

Expenses that remain constant regardless of the level of production or sales activity, such as rent, salaries, and insurance premiums.

Variable Service Department Costs

Expenses in a service department that fluctuate in direct proportion to changes in the level of service activity or volume.

Budgeted Rate

A predetermined rate, often used for allocating costs or resources in a budget based on estimated expenditures.

Actual Activity

The real, measured amount of work performed or the level of production achieved over a specified period of time.