A Team Consisting of Members from Each Functional Area Affected

question 104

Multiple Choice

A team consisting of members from each functional area affected by the process change is referred to as a(n) :

• A) reengineering team.
• B) cross-functional team.
• C) process team.
• D) improvement team.

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Definitions:

Personal Strengths

Individual attributes or talents that contribute to one's ability to perform tasks or navigate social interactions effectively.

Market Niche

A focused, targetable portion of a market characterized by unique preferences and needs.

New Venture Creation

The process of recognizing and seizing opportunities for new business development, encompassing the conception, launch, and management of new businesses.

Established Firms

Companies that have been in business for a long time and have a stable position in the market.