Which of the Following Is Not a Benefit of Tight

question 39

Multiple Choice

Which of the following is not a benefit of tight cross-functional integration among research and development (R&D) , production, and marketing?

• A) New products are designed for ease of manufacture.
• B) Development costs are kept in check.
• C) Product development projects are driven by company innovations.
• D) Time to market is minimized.
• E) Customer needs are considered in the product development process.

Understand the role of human resources in gaining a competitive advantage for an organization.

Distinguish between tangible and intangible assets within an organization.

Explain SWOT analysis and its significance in strategic management.

Understand corporate strategies and their applications within an organization.

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Definitions:

Percentage

A percentage is a way of expressing a number as a fraction of 100.

Expected Utility

The sum of the utilities coming from all possible outcomes of a deal, weighted by the probability of each occurring.

Risk-loving

An inclination to engage in behaviors or decisions that involve exposure to uncertainty, with the potential for higher rewards.

Expected Value

The sum of the payoffs associated with each possible outcome of a situation weighted by its probability of occurring.