Cross-Functional Teams Are Purposefully Composed of Employees from Different Functional

question 14

True/False

Cross-functional teams are purposefully composed of employees from different functional areas of the organization.

---

Definitions:

Dominant Firms

Companies that have a major proportion of market share and can influence market conditions and prices.

New Products

Goods or services that have been recently developed, introduced to the market, or significantly improved to meet consumer needs or open new markets.

Competing Products

Goods or services offered in the market that serve similar needs or desires of consumers, often leading to a choice preference based on price, quality, or other attributes.

Technological Advance

The progress or improvement in technology, leading to more efficient processes, products, or services.