The Following Organizational Approaches Accomplish Tasks Necessary to Develop and Manage

question 36

Multiple Choice

The following organizational approaches accomplish tasks necessary to develop and manage products: product manager approach, and the ____ approach.

• A)brand manager
• B)functional team
• C)multiproduct manager
• D)special projects
• E)venture team

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Definitions:

North American Industry Classification System

A classification system that categorizes businesses into detailed sectors and industries, primarily to facilitate economic data analysis and reporting.

NAICS

The North American Industry Classification System; a standard used by federal statistical agencies for classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. economy.

Industry Definitions

Specific terms and jargon used within a particular sector to describe processes, tools, roles, and standards.

Six-Digit Coding

A reference to standardized codes, such as those in classification systems, that use six digits to categorize detailed information.