Coca-Cola,Ford Motor Company,H

question 91

Multiple Choice

Coca-Cola,Ford Motor Company,H.J.Heinz,Nike,and Procter and Gamble are working together to develop plant-based plastics.Each company brings its own competency to the table.This collaboration is an example of a _____________.

• A) virtual organization
• B) modular organization
• C) horizontal organization
• D) vertical organization

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Definitions:

R&D-Manufacturing Efficiencies

Enhancements and optimizations in the research and development and manufacturing processes to improve productivity and reduce costs.

Organization's Function

The primary activities and responsibilities carried out by an organization to achieve its objectives, including operations, marketing, finance, and human resources.

Strategic Marketing Process

A systematic approach to identifying opportunities, developing strategies, and implementing actions to achieve marketing and organizational goals.

Evaluation Phase

A critical stage in the project management or marketing campaign process where outcomes are assessed against objectives to determine success.