The Idea That It Is "Vital to Sell the Ideas

question 56

Multiple Choice

The idea that it is "vital to sell the ideas to others in the organization so that innovations will be commercialized" is the rationale behind the use of:

• A) product champions.
• B) joint ventures.
• C) strategic leadership.
• D) cross-functional teams.

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Definitions:

Process-Oriented Layout

The organization of work around a process (task).

Arm's-Length

Transactions in which the buyers and sellers of a product act independently and have no relationship to each other, ensuring that both parties act in their own self-interest.

Traditional Manufacturing

Manufacturing processes that involve manual assembly or machine operations without the heavy use of computer technologies.

Independent Entities

Organizations or entities that operate autonomously and are not controlled by or dependent on another entity.