The Process of Getting a Company's Objectives Understood and Accepted

question 71

Multiple Choice

The process of getting a company's objectives understood and accepted by all departments and functions is known as

• A)communication.
• B)compilation.
• C)continuity.
• D)coordination.
• E)administration.

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Definitions:

Product Development

A marketing strategy that involves creating new goods and services for existing markets.

Profitable

Describes a business or activity that generates more revenue than the expenses incurred, resulting in financial gain.

Open Innovation

A way of generating new-product ideas by gathering both external ideas and internal ideas.

Disruptive Technology

Innovations that significantly alter the way businesses or industries operate, often displacing older technologies.