Which of the Following Statements About Simultaneous Product Development Is

question 10

Multiple Choice

Which of the following statements about simultaneous product development is FALSE?

• A) Simultaneous product development refers to the practice of developing multiple new products at the same time.
• B) With simultaneous product development, all relevant functional areas and outside suppliers participate in all stages of the development process.
• C) All departments within the company work together at the same time, but to maintain a high level of secrecy, no one outside the company is involved in simultaneous product development.
• D) Simultaneous product development actually increases the length of time it takes to get a product to market and the time the product will stay in the growth stage of its product life cycle.
• E) The Internet has not yet proven to be a useful tool for implementing simultaneous product development.

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Definitions:

Flatter Structures

Organizational designs with fewer hierarchical levels, intended to promote faster decision-making, better communication, and increased employee involvement.

Team-Oriented

A workplace approach or culture that emphasizes collaboration, cooperation, and shared goals among employees to achieve organizational objectives.

Specialization

The process of focusing on and becoming an expert in a particular area of work or production.

Quality Of Working Life

A concept that involves improving work conditions, job satisfaction, and overall well-being of employees in their professional environments.