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A company is designed along functional lines. New product development is very slow and the process is plagued by problems. One of the problems is that marketing does not communicate with production. This is an example of poor _____.
Obligation
A legal or financial duty or commitment one party owes to another, often in the form of debts or contractual agreements.
Flexibility Options
Options within contracts or agreements that allow for adjustments based on varying circumstances or needs.
Business Conditions
The state of the economic and market environment that affects the operation, performance, and strategy of companies.
Real Options
Financial analysis techniques that value the flexibility of making future investment choices under uncertain conditions.
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