Companies That Are Most Likely to Succeed in the Development

question 4

Multiple Choice

Companies that are most likely to succeed in the development and introduction of new products typically do which of the following?

• A) use an industry-specific approach that is driven by corporate objectives and strategies with a we-defined new-product strategy at its core
• B) capitalize on youth and creativity to achieve and maintain competitive advantage
• C) make the short-term commitment needed to support innovation and new-product development
• D) establish an environment conducive to achieving new-product objectives

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Definitions:

Distributed Team

A group of individuals who work together from different geographical locations, often coordinating their efforts through technology.

Computer-based Interactions

Interactions that occur through or with the help of computers, including communication, transactions, or any form of exchange of information digitally.

Informal Group

A team that is unofficial and emerges from relationships and shared interests among members.

Individual Competitive Goals

Objectives set by individuals that focus on outperforming others or achieving superior results in a competitive environment.