Your Firm Has a New-Product Concept That Seems to Be

question 51

Multiple Choice

Your firm has a new-product concept that seems to be a sure winner.You have estimated that the cost of development is $1 million,which the company does not have.As a result,this sure winner does not get out of the idea stage.This is an example of ________,which is one of the factors hindering new-product development.

• A) shortages of new ideas
• B) cost of development
• C) faster required development times
• D) corporate culture
• E) capital shortage

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Definitions:

Vertebrae

The individual bones that stack to form the vertebral column (spine) in vertebrates.

Long Bones

Bones that are longer than they are wide, playing a crucial role in supporting the weight of the body and facilitating movement; examples include the femur and humerus.

Femur

The longest and strongest bone in the human body, forming the thigh.

Scoliosis

A medical condition in which a person's spine has a sideways curve, usually shaped like an "S" or "C".