Creativity Was Needed to Improve Efficiency Without Raising Costs at DaimlerChrysler.Over

question 44

Multiple Choice

Creativity was needed to improve efficiency without raising costs at DaimlerChrysler.Over the last few years,the company has successfully implemented a creative engineering program that allows its plants to produce more than one type of car from the same assembly line.What is this successful change to a flexible manufacturing system an example of?

• A) corporate synergy
• B) organizational innovation
• C) assembly networking
• D) reverse engineering

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Definitions:

Subsidiary

A company that is completely or partially owned and controlled by another company, referred to as the parent company.

Investment Account

An account that is used to hold and manage securities, such as stocks, bonds, and mutual funds, for investment purposes.

Equity Method

An accounting method for recording investments in which an investor has significant influence over the investee, reflecting the investor's share of the investee's profits or losses.

Outstanding Stock

Shares of a corporation that have been issued and are currently held by investors, including public shareholders and the company's officers and insiders.