The Japanese Method of Organizing for Product Design Features

question 57

Multiple Choice

The Japanese method of organizing for product design features:

• A)teams.
• B)product managers (champions).
• C)distinct departments with assigned tasks.
• D)a single organization without subdivision or individual teams.
• E)none of the above.

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Definitions:

Capital Balances

Refer to the cumulative amounts of money or value that partners or shareholders have contributed to a company, inclusive of earnings and minus any losses.

Profits and Losses

A financial statement that summarizes the revenues, costs, and expenses incurred during a specific period.

Billable Hours

The amount of an employee's work time that can be charged to a client, as in the context of professional services like legal advice or consultancy.

Capital Balance

Refers to the amount of money that a company's shareholders have invested in it.