Discuss advantages and disadvantages of product development

Assignment Help Macroeconomics

Reference no: EM1368513

In the early 1990s, Chrysler Corporation placed nearly all decisions about the development of a new vehicle in the hands of a single, cross-functional product team. In contrast, General Motors used an approach that placed a stronger emphasis on functional specialties. Small teams were established that consisted of experts from the same functional field. Each team was charged with a particular assignment that related to its area of specialization. For example, one team might have had the primary responsibility for the design of the body of the vehicle, whereas another team might have been charged with developing the drive train. The teams worked simultaneously on their specific tasks. Some individuals on these teams also served on additional cross-functional areas.

Discuss the relative advantages and disadvantages of these two approaches to product development.

Reference no: EM1368513

Questions Cloud

Determine marginal value : The textbook claims that when people do not have to pay anything to use valuable resources, such as urban roadway space, they will continue using them until their value diminishes to zero.

How linear structures-particularly arrays-are implemented : Project at work calls for storage of computer maintenance schedule information. Using C# as source language, investigate how linear structures-particularly arrays-are implemented.

Explain electronics store acquired inventory on credit : Explain Electronics Store acquired inventory on credit from TV Manufacturer, which retained and perfected a security interest in the TV sets until they were paid for

Explain employer and the privacy concerns of the employees : Be ensure to take into account both the needs of the employer as well as the privacy concerns of the employees.

Discuss advantages and disadvantages of product development : In 1990s, Chrysler Company placed nearly all decisions about the development of a new vehicle in the hands of a single, cross functional product team.

Approach to system development to define large project : Third approach to system development might be to define one large project which will use iterative approach to the SDLC. Briefly explain what you would include in each iteration.

Explain the four factors of the fair use doctrine : Explain the four factors of the fair use doctrine that the court would consider in determining whether Valeria infringed on the copyright of the publisher of the pamphlet. Did she infringe?

Maximizing return ratio : If you have a certain amount of money invested in stock market for a moment of time, then there is an expected return on that investment, and a risk, a variance in that return, both of which are proportional to the amount you have invested.

Explain claudia was forced to detour around a snow-covered : Explain Claudia was forced to detour around a snow-covered sidewalk in front of her neighbor's house

User Account

All Pages