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blondinia [14]
3 years ago
7

Proctor and Gamble is the master of forming and re-forming teams for new product launches. The teams pull expertise from various

departments. When the product launches, one person becomes the product manager and most of the team members move on to another new product. These teams are both:
Business
2 answers:
ioda3 years ago
8 0

Both teams can be known as <em><u>cross-functional teams.</u></em>

<h2>Further explanation </h2>

Cross-function is defined as a group of people who have different backgrounds who work to achieve common goals. Cross-functional Team, you will have representatives from a variety of specializations: finance, accounting, operations, law, human resources - where everyone has their point of view by the work they do every day. This diversity is the reason why cross-functional teams are so effective, but also as a source of questions why they are often problematic.

The importance of the role of Leader in Cross-Function

Your function to manage cross-functional teams is not enough, you have to lead it. Strong leadership will create and encourage the formation of a solid team. This is the key to your success.

The importance of getting support from management in Cross-Function

One of the main responsibilities of a Cross-Functional team leader is to ensure that the cross-functional team receives full support from key stakeholders in the organization. Managers in each functional area involved must support the project. Cross-functional team goals must be seen as priorities.

Set clear goals

Before you can convince the company that the goals of the Inter-Functional Team you are leading are important and need to get priority, the members of the cross-functional team must first have a voice on this.

Need for Clear Communication

Cross-functional team members can come from throughout the entire organization, so they need to understand what's happening and what is expected so that the goals of the cross-functional team can be well absorbed by all parties involved.

Time management

When you lead a cross-functional team, you need to be careful to manage the expectations of team members and their functional managers regarding time. Because when cross-functional team members do their work, there will be less time to do the work from the department.

Learn more

The cross-functional team brainly.com/question/1191123, brainly.com/question/13057432

Details

Class: High School

Subject: Bussines

Keyword: The type of teamwork in a company.

Crank3 years ago
3 0

Answer:

These teams are both cross functional and project teams.

Explanation:

Cross functional team comprises of group of people who have different functional expertise and come from various aspects of organization.

These people come from different departments of the organization and work for a common goal.

Organizations often form cross-functional team for a short period for specific projects.

Here, this team is formed for the project of  product launch so it is an example of cross functional project team.

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When calculating loan payments, to show a down payment toward the purchase of an asset, you must adjust the __________ argument
Paha777 [63]

When calculating loan payments, to show a down payment toward the purchase of an asset, you must adjust the pv argument of the financial function.

What is pv argument?

The following arguments are used with the PV function rate: The interest rate per compounding period (necessary argument). The monthly interest rate on a loan with a 12% yearly interest rate and monthly payments would be 12% divided by 12 or 1%. The rate would then be 1%.

What is financial function?

In a firm, the functions used to obtain and manage financial resources in order to make a profit are referred to as the finance function. It generates pertinent financial resources and information, enhancing the effectiveness of other corporate operations and activities such as planning and decision-making.

Learn more about financial function: brainly.com/question/13169279

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7 0
1 year ago
The yield to maturity (YTM) on 1-year zero-coupon bonds is 7% and the YTM on 2-year zeros is 8%. The yield to maturity on 2-year
Vikentia [17]

Answer:

(a) The arbitrage strategy is to buy zeros with face values of $140 and $1,140 and respective maturities of one and two years, and simultaneously sell the coupon bond.

(b) The profit on the activity equals $0.72 on each bond.

Explanation:

The price of the coupon bond = 140 × PV(7.9%, 2) + 1000 × PV(7.9%, 2)

= 140 × (1-(1/1.079)^2)/0.079 + 1,000/1.079^2

= $1,108.93

If the coupons were withdrawn and sold as zeros individually, then the coupon payments could be sold separately on the basis of the zero maturity yield for maturities of one and two years.

[140/1.07] + [1,140/1.08^2] = $1,108.21.

The arbitrage strategy is to buy zeros with face values of $140 and $1,140 and respective maturities of one and two years, and simultaneously sell the coupon bond.

The profit on the activity equals $0.72 on each bond.

7 0
3 years ago
the relationship between the factors of production used by a firm and the maximum output possible is called the
elena-14-01-66 [18.8K]

In economics, a factor of production, resource, or input is what is used in a production process to produce products, i.e. goods or services.

The amounts of various inputs used determine the amount of output according to a relationship known as the production function. The relationship between the inputs a firm uses and the maximum output it can produce with those inputs is called the firm's production function. Factors of production are outputs or inputs used to produce goods and services. They are the resources a business needs to make a profit by producing goods and services. Factors of production fall into four categories: Land, Labor, Capital, Entrepreneurship.

Learn more about production here-

brainly.com/question/27028012

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3 0
1 year ago
Hushovd Iron Works has collected the following data for its Thunderbolt line of​ products: Direct materials standard 15 pounds p
Hitman42 [59]

Answer:

The direct material quantity variance is $10,800 favourable.  (the options in the question are not correct).

Explanation:

The direct materials quantity variance represents a difference between what was actually produced and the standard or idea that should have been produced especially with regards to the use of direct materials.

To calculate material quantity variance

Step 1:Calculate the Standard Usage of Material

Formula= (Actual Units of Finished goods Purchased x Standard Price of Material per unit)

= 4,000 units x 15 Pounds

= 60,000 Pounds

This means the standard material usage is 60,000 pounds

Step 2: Now calculate the Direct Material Quantity Variance

Formula= (Standard Material Usage - Actual Material Usage) x The Standard Price per Unit of Material

= 60,000 pounds (computed in step 1) - 40,000 pounds (given in the question)

= 20,000 pounds x $0.54

=$10,800

Since the standard Material is higher than the actual material usage, it means that the answer is as follows;

The direct material quantity variance is $10,800 favourable.

Kindly note that the multiple options in the question above are for a different set of figures and a different question.

6 0
3 years ago
Mary dislikes having to convince prospective customers to buy products that she believes are inferior to others in the market. h
faltersainse [42]
The inconsistency described above is known as cognitive dissonance. It is a theory that describes the tendency of  an individual to find consistency of the cognitive functions. When this is not met, some behaviors and attitudes are to be changed in order to eliminate the inconsistency.
3 0
3 years ago
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