Which of the Following Strategies for New-Product Development Incorporates the Buyers

question 12

Multiple Choice

Which of the following strategies for new-product development incorporates the buyers' preferences in the final design of the product?

• A) customer-driven engineering
• B) market leadership
• C) cost leadership
• D) incremental innovation
• E) disruptive technology

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Definitions:

Issues Management

The process by which an organization identifies and resolves issues of public concern that may impact its ability to operate effectively.

Preparing

The act of making something ready for use or consideration.

Analyzing Historical

The process of examining past events and contexts to understand their causes, effects, and significance.

Reputation Building

The strategic process of managing and improving how an organization is perceived by others to gain trust and respect.