It Is Estimated That by Simply Rearranging Their Product Development

question 35

Multiple Choice

It is estimated that by simply rearranging their product development activities and personnel in a global way ______.

• A)companies can increase productivity by 210%
• B)companies can realize cost savings
• C)companies can increase elasticity of demand
• D)companies can be more compliant with government regulations

---

Definitions:

Evolutionary Theorists

Scholars and scientists who study how evolutionary theory, which posits that species change over time due to natural selection and genetic variation, applies to various phenomena.

Natural Selection

A process in biology where organisms with traits that better enable them to adapt to their environment have a greater chance of surviving and reproducing.

Social Coalitions

Alliances or partnerships formed between individuals or groups to achieve common goals or interests.

Functional Fixedness

Functional fixedness is a cognitive bias that limits a person to using an object only in the way it is traditionally used.