Involving customers and suppliers in product development, establishing a stage-gate funnel process, and creating cross-functional teams are value chain strategies that
A)ensure internal and external demands are met.
B)exchange productivity for faster delivery.
C)sacrifice efficiency for greater organizational buy-in.
D)elevate management oversight.
E)increase product innovation.

Question

Quizplus · Accepted Answer

Involving customers and suppliers, using a stage-gate process, and forming cross-functional teams enhance collaboration and idea exchange, leading to increased product innovation.

Involving Customers and Suppliers in Product Development, Establishing a Stage-Gate