A cross-functional team should not be formed whenever there may be complex or large scale business decisions. For example, a major new product development, locating new production facility, developing a strategic commodity purchase family strategy, creating a new business unit

Indicate whether the statement is true or false


false

Business

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Which of the following statements is true about social media?

A. It is considered to be the most expensive means of getting information out. B. It provides a wealth of opportunity for companies that want to share their message about products and services with the world. C. It always leaves a negative impact on the company's image since employees discuss their job, talk about issues, and vent their frustrations. D. It is currently the least preferred medium of marketing for companies.

Business

Which of the following best explains the concept of the "mobile first" approach?

A) Using mobile devices as a primary means of communication B) Using mobile devices to replace face-to-face meetings C) Requiring employees to be accessible outside of work using mobile technology D) Designing websites specifically for optimum viewing on smartphones and tablets E) Eliminating tradition phone systems in favor of mobile systems

Business

Amy is a package delivery service manager. She is interested in implementing ___________, the management philosophy pioneered by Frederick W. Taylor and Frank and Lillian Gilbreth, which scientifically studies work methods to improve the productivity of individual workers. In this particular case, Amy will study the routes that drivers take through a congested to city in order to identify ways that delivery staff can make the most deliveries in each two-hour period.

A. human relations management B. scientific management C. quantitative management D. contingency management E. management science

Business

________ is a critical component that plays into a customer's assessment of the value afforded by a firm and its offerings.

A. Markup B. Price C. ROI D. Cost E. Skimming

Business