Which of the Following Costs Is Most Likely Associated with the Commercialization

question 10

Multiple Choice

Which of the following costs is most likely associated with the commercialization stage of new-product development?

• A) building or renting a manufacturing facility
• B) paying groups of target customers for product feedback
• C) determining the product's planned price, distribution, and marketing budget
• D) developing a prototype of the product
• E) identifying target markets

---

Definitions:

Legal

Pertains to the system of rules that are created and enforced through social or governmental institutions to regulate behavior, ensuring equity, justice, and fairness in society.

Corporate Social Responsibility

A business model where companies integrate social and environmental concerns in their operations and interactions with stakeholders.

Stakeholder Responsibility

The obligation of an organization to act in ways that benefit its stakeholders, including customers, employees, and the wider community.

Ethics

The moral principles that govern a person's behavior or the conducting of an activity, often playing a critical role in decision-making.