At FEI Industries, Teams of Product Developers Coordinate Their Work

question 9

Multiple Choice

At FEI Industries, teams of product developers coordinate their work electronically at the North American, European, and Asian sites to coincide with peak operating hours at each location. Such teams are referred to as a _____.

• A) project team
• B) committee
• C) focus group
• D) global team
• E) self-directed team

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Definitions:

ROI

Return on Investment; a performance measure used to evaluate the efficiency or profitability of an investment relative to its cost.

Turnover

Turnover is a financial metric indicating the rate at which a company's inventory is sold and replaced over a specific period, or it can refer to the total sales volume.

Operating Expenses

Costs necessary for a company to conduct its day-to-day operations, excluding the cost of goods sold (COGS).

Transfer Prices

Prices charged for the sale of goods or services between divisions within the same company, often used for cost allocation and performance evaluation.