Which of the Following Is a Defining Characteristic of a Cross-Functional

question 3

Multiple Choice

Which of the following is a defining characteristic of a cross-functional team?

• A) It manages its own activities and requires minimal supervision.
• B) It is is organized along the lines of the organization's vertical structure.
• C) It is composed of members at two or more geographic locations.
• D) It is typically composed of managers and employees within a single functional department.
• E) It often involves some form of matrix structure.

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Definitions:

Market Efficiency

A condition in which market prices fully reflect all available information, allowing for optimal allocation of resources without waste.

Non-price Factors

Elements that influence consumer decision making and market trends, such as product quality, brand loyalty, and consumer preferences, aside from the price.

Rent Control

Government-imposed limits on the amount landlords can charge for leasing property, intended to keep housing affordable.

Landlords

Owners of property who rent out space (residential, commercial, or land) to tenants, generating income from the lease agreements.