Answer:
The correct answer is D
Explanation:
Cross- functional strategies is the term which is described as the group of the people which have different expertise but working toward the common goal.
It involve the people or individual from human resources departments, marketing, finance and operations.
Therefore, the functional strategies which are aligned properly, need coordination among the multiple functional areas and the traceable to the strategy of the business are defined by the cross- functional strategies.
Answer: Laggards
Explanation: In simple words, laggards refers to the individuals that does slow progress and takes time to accept new ideas and changes and usually fall behind others regarding accepting something new.
In the given case, Tom was reluctant to use smartphones at first but when he was left with no option he finally decided to opt them. Hence we can conclude that Tom is a laggard.
Answer: Mutual Fund
Explanation:
You included no options however this should be the correct answer.
Mutual funds work by pooling the investments of many different investors and then hiring a professional to manage these funds such that the investors can make profits.
The investors will then own shares in the mutual fund which is equivalent to their investment. Mutual funds offers the advantage of diversification to its investors who will be able to invest in many diverse industries with a relatively low amount of money.
The best option to define a market is (A) a system that allows people or companies to buy and sell products and services.
The other options refer to different terms. Utility, for example, is defined as a product's ability to satisfy a consumer. Buy in bulk might be the definition for the ability to buy production materials in large quantities and save on costs.