Which of the Following Is the Practice of Inviting Broad

question 125

Multiple Choice

Which of the following is the practice of inviting broad communities of customers, employees, independent researchers, and members of the public into the new product innovation process?

• A) brainstorming
• B) idea screening
• C) crowdsourcing
• D) outsourcing
• E) concept testing

---

Definitions:

Preferences Convex

A characteristic of consumer choices where combinations of goods are preferred over extreme options, illustrating a desire for variety.

Corn Chips

A snack food made from cornmeal fried in oil or baked, often seasoned.

French Fries

Deep-fried potato strips, often served as a side dish or snack, popular in many countries' cuisines.

Utility Function

(rephrased) is a formula used in economics to quantify how a consumer's utility or satisfaction varies with their consumption choices.