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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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Answer:

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b. Assume the same facts as part (a), except that the warrants had a fair value of $30. Prepare the entry to record the issuance of the bonds and warrants.

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Dr Cash 2,550,000

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