To Avoid Too Few New-Product Ideas and the Failure of Many

question 104

True/False

To avoid too few new-product ideas and the failure of many good ideas, management should install an innovation management system that collects, reviews, evaluates, and manages new-product ideas.

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Definitions:

Deinstitutionalization

The policy of moving people with mental or physical disabilities from large institutional settings into community-based care.

Mental Disorders

Conditions characterized by alterations in thinking, mood, or behavior associated with distress and/or impaired functioning.

Community-Based Facilities

Local centers or organizations that offer services and support to members of a community, often aimed at improving health, education, and welfare.

Family System

A theoretical framework in psychology that considers the family as an emotional unit interconnected and influencing individual behaviors and relationships.