Which of the Following Is an Important Attribute for a Product

question 15

Multiple Choice

Which of the following is an important attribute for a product development team to function effectively and meet all of its development milestones?

• A)It should be led by a "heavyweight" project manager who has high status within the organization.
• B)The team members should always be physically in diverse locations in order to cover multiple bases.
• C)It should have preset processes for communication and conflict resolution that are developed by top management.
• D)It should have at least three members from each key function included.
• E)Its team members should be a part of more than two cross-functional teams.

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Definitions:

Discount Rate

The cost in interest that commercial banks and similar storage institutions incur on borrowing from their regional Federal Reserve Bank’s loaning service.

Federal Reserve District Banks

The 12 banks that make up the Federal Reserve System, serving as the central banking system of the United States, each serving a specific geographic district.

Reserve-Requirement Ratio

The fraction of deposits that banks are required by law to keep on hand as reserves or at the central bank.

Monetary Policy

Actions undertaken by a central bank to control the money supply and interest rates in the economy.