Under a team-based new product development approach, ________

A) a single departmental team works to complete different stages of the process before passing the new product along to the next department and stage
B) the organizational tension and confusion is less than under the sequential approach
C) company departments work closely together in cross-functional teams
D) a bottleneck at one phase can seriously delay an entire project
E) the new product passes from one department to another before finalizing


C

Business

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Kawaii Electronics sells air conditioning systems for office buildings. The company's marketing department is currently structured as a functional organization

However, Kawaii is considering changing the structure to either a product management or a customer management organization. In a brief essay, describe each type of organization: functional, product management, and customer management. What are the advantages and/or disadvantages of each structure for Kawaii? Which structure do you recommend for Kawaii? Why?

Business

The salary allocation to partners also appears as Salaries Expense on the partnership income statement

Indicate whether the statement is true or false

Business

Bonds Payable has a balance of $1,000,000, and Discount on Bonds Payable has a balance of $30,000 . If the issuing corporation redeems the bonds at $990,000, what is the amount of gain or loss on redemption?

a. $20,000 gain b. $20,000 loss c. $5,000 loss d. $5,000 gain

Business

Littlejohn (1989) distinguishes between four levels of communication, which of the following is NOT one of those?

a. Dyadic communication b. Small group communication c. Big group communication d. Mass communication

Business