MCQs>Finance & Management>Corporate Strategy>Due to the time value of money, organizations may seek to cut costs by developing different elements of a new product at the same time rather than consecutively. Which of the following describes this approach?
Corporate Strategy MCQs
Due to the time value of money, organizations may seek to cut costs by developing different elements of a new product at the same time rather than consecutively. Which of the following describes this approach?
Answer
Correct Answer: 'Simultaneous engineering'
Explanation:
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