Albert Has Put Together a New Product Development Team Based

question 36

Multiple Choice

Albert has put together a new product development team based on the functional team structure.Which of the following is most likely to be true about this team?

• A) Team members will spend up to 50% of their time on team-related activities.
• B) The team will typically require dedicated liaison personnel.
• C) The team will have a high degree of cross-functional integration.
• D) The team structure will be straightforward to implement.

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Definitions:

Labor-Hour

A measure of work accomplished, recorded, or billed based on the number of hours worked.

Activity-Based Costing

A method of allocating overhead and indirect costs to products or services based on the activities that drive those costs.

Cost Of Serving

The total expenses incurred while delivering a service or product to a customer.

Direct Labor Cost

The expense related to the wages of workers directly involved in the production of goods or services.