When the VP of Marketing Selected the New Product Development

question 17

Multiple Choice

When the VP of marketing selected the new product development team members, he made sure there was a mix of ages, genders, and ethnicities on the team. This VP was most concerned with ________.

• A) people management
• B) organization performance
• C) organization strategy
• D) legal compliance

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Definitions:

Equivalent Units

A concept used in process costing that converts partially completed goods into a number of completed units, facilitating the calculation of unit costs.

Direct Labor

The labor costs directly associated with the production of goods or provision of services in a company.