Which term refers to the process of linking and integrating functions and activities of different groups, units, or divisions?

A) decentralization
B) coordination
C) subsidizing
D) channeling

B

Business

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Product and market opportunities in a postindustrial society are more heavily dependent upon new products and innovations than in industrial societies. An example of this would be:

A) Nestlé marketing Bono brand cookies in Brazil. B) Coca-Cola Company developing a beverage Vintago in low-income countries. C) New e-commerce markets for interactive forms of electronic communication. D) Hermes creating handbags called Amazonia. E) India's Suzlon Energy using wind-driven turbines.

Business

________ originates with the department or person who will be the ultimate user

A) Vendor selection B) A purchase requisition C) A purchase order D) any of the above

Business