Which of the Following Statements Is True of Functional Teams

question 23

Multiple Choice

Which of the following statements is true of functional teams?

• A) Functional teams consist of members from multiple areas in the firm such as R&D, marketing, manufacturing, distribution, and so on.
• B) The functional team structure provides little opportunity for cross-functional coordination.
• C) Functional teams are not appropriate for derivative projects that affect only a single function.
• D) Functional teams are usually permanent.

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Definitions:

Weighted Average Model

A calculation that assigns different weights to various data points or elements, providing a means to account for their varying levels of importance.

Exponential Smoothing Constant

A parameter in exponential smoothing methods for forecasting that controls the degree to which recent observations are weighted more heavily than older observations.

Exponential Smoothing Model

A time series forecasting method that applies weighted averages of past observations, giving greater weight to more recent data, to predict future values.

Mean Absolute Percentage Error

A measure used to evaluate the accuracy of forecasting models, expressing the average absolute percent error between predicted and observed values.