Redo is a market follower in the wristwatch industry. After noticing a shortfall in the market leader's product, Redo improves its product to suit consumer needs and becomes a challenger for the market leader. This is an example of a(n) ________

Teams in the banking industry may be used to reduce barriers between departments and avoid having paperwork sit between loan processing departments. The result is an increase in

A) fees for the bank. B) speed in processing the loan. C) additional services for the customer. D) the use of technology.

The team with high time durations and low team member time commitments is the

A) project team. B) self-managed team. C) parallel team. D) virtual team.