To promote innovation, organizational structure and internal process should foster ______.

Fill in the blank(s) with the appropriate word(s).

Answer: collaboration, cross-functional communication, and agility

Business

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According to the authors of the Harvard Business Review article, "Serving the World's Poor, Profitably," which of the following is a mistaken assumption that global companies might have about the BOP (bottom of the pyramid)?

A) The poor have no money. B) The poor are too concerned with fulfilling basic needs to "waste" money on nonessential goods. C) People in BOP markets will be criticized for exploiting the poor. D) People in BOP markets cannot use advanced technology. E) All of the above are mistaken assumptions discussed by the authors.

Business

The most important determinant of the length of a product's life cycle is the rate of technological change

Indicate whether the statement is true or false

Business