Describe the differences between joint ventures and


a. 1. Why is it necessary to document a product explicitly?

2. What techniques do we use to define a product?

3. In what ways is product strategy linked to product decisions?

4. Once a product is defined, what documents are used to assist production personnel in its manufacture?

5. What is time-based competition?

b. Describe the differences between joint ventures and alliances.

2. Describe four organizational approaches to product development. Which of these is generally thought to be best?

3. Explain what is meant by robust design.

4. What are three specific ways in which computer-aided design (CAD) benefits the design engineer?

5. What information is contained in a bill of material?

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Management Theories: Describe the differences between joint ventures and
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