A flexible budget is prepared to represent various levels of sales volume

When we refer to "democratizing" of innovation, we mean that:

A) the new product development teams should report directly to the top management. B) the new product development teams should be treated like startup companies. C) customers can be treated as the best source of new-product ideas. D) the product development cycle should be minimized.

A reliable performance management system includes all relevant performance facets and does not include irrelevant performance facets

Indicate whether the statement is true or false