BUISENESS MANAGEMENT
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Companies take 10 steps in developing a new product.
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true
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false
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Although the product development process differs by industry, it can essentially be broken down into seven stages: ideation, research, planning, prototyping, sourcing, costing, and commercialization.
Detailed explanation-2: -When developing new product, which is true of a new-product development strategy? It must be compatible with the objectives of the marketing department, the business unit, and the corporation.
There is 1 question to complete.