How Does the Text Recommend That a Company Operate If

question 142

Multiple Choice

How does the text recommend that a company operate if it wants to be successful in the information age?

• A)Functionally independent between departments.
• B)Interdependently between departments.
• C)Together as one department with little or no independence.
• D)Each department acting as its own individual business unit.

---

Definitions:

Tangible Products

Physical items that can be seen, touched, and owned, as opposed to services or digital goods.

Product Strategy

A company's plan for marketing its products, which includes decisions on product design, features, pricing, distribution, and promotion.

Forecasting Capacity Requirements

The process of estimating the resources and capabilities needed to meet demand over a future period, critical for planning and resource allocation.

Product Life Cycle

The stages through which a product goes from conception to decline, typically categorized as development, introduction, growth, maturity, and decline.