A cross-functional team is a(n)
A. group of employees cross-trained in all tasks required to produce a product.
B. organizational structure in which each product line is handled by a self-contained division.
C. organizational structure in which each region is served by a self-contained division.
D. group of managers brought together from different departments to perform organizational tasks.
E. organizational structure in which each type of customer is served by a self-contained division.
Answer: D
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The appropriate discount rate to use when analyzing a refunding decision is the after-tax cost of new debt, in part because there is relatively little risk of not realizing the interest savings.
Answer the following statement true (T) or false (F)
Exclusive distribution
A. usually involves intermediaries who are willing to take over all responsibility for promoting the producer's product. B. should generally be used only if it is not possible to generate intermediary interest in intensive distribution. C. is an arrangement between a producer and intermediary that is illegal for most types of products in the United States; thus it is not very common. D. is legal as long as it does not involve vertical channel arrangements. E. None of these answers is correct.
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