The Team-Based New-Product Development Approach Uses Cross-Functional Teams That Overlap

question 27

Multiple Choice

The team-based new-product development approach uses cross-functional teams that overlap the steps in the process to achieve which of the following goals?

• A)save time and reduce errors
• B)save time and increase effectiveness
• C)increase effectiveness and employee satisfaction
• D)speed product to market and reduce risks
• E)B and D

---

Definitions:

Gross Depreciable

The total cost or value of an asset that is subject to depreciation over its useful life.

AICPA Survey

A survey conducted by the American Institute of Certified Public Accountants that gathers information on various topics related to accounting practices, trends, and professional issues.

Straight-Line

A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.

Discontinued Item

A component of a company's operations that has been disposed of or is held for sale, and its earnings are separated out on the income statement.