A Team That Is Geographically Disperse and Relies on Information

question 26

Multiple Choice

A team that is geographically disperse and relies on information technology to function is called a:

• A) Virtual team
• B) Dynamic team
• C) Project team
• D) Self-directed team

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Definitions:

Hybrid Strategy

A competitive strategy that combines elements of both cost leadership and differentiation to create a unique market position and appeal to a broad range of customers.

Near-Sourcing

The practice of transferring a business operation closer to where products are sold or where the business is located, often to reduce lead times and costs.

Stockout

A situation in which the demand or requirement for an item cannot be fulfilled from the current inventory or stock.

Push-Pull Strategy

A marketing strategy that combines both push tactics (directly promoting products to consumers) and pull tactics (motivating consumers to seek out your brand) for optimum demand generation.