Question

While discussing their marketing campaign for a new product, the members of the cross-functional team responsible for Carver Inc. realized that a couple of changes relating to their prior plan would be beneficial. The offer of a franchising that had earlier been brushed off by the company head was discussed thoroughly and it was decided that it would be implemented on a trial basis initially, and on full scale if found to work well. From the information provided, it can be concluded that this cross-functional team has a high degree of ________.A) demographyB) reflexivityC) conformityD) diversityE) uncertainty

Answer 1

Answer:

The correct answer is letter "B": reflexivity.

Explanation:

Reflexivity us the process by which a company evaluates past decisions in order to figure out if they were correct or not. This is usually done when there could be major consequences as a result of choosing between moving forward with an idea over another.

Answer 2

Answer:

B) reflexivity

Explanation:

Reflexivity is a theory that positive feedback loops between expectations and economic fundamentals can cause price trends that substantially and persistently deviate from equilibrium prices.