Saying, "Okay, Maybe Some Ideas Are in Fact Bad Ideas

question 9

Multiple Choice

Saying, "Okay, maybe some ideas are in fact bad ideas" corresponds to which step in the process of creating new products?

• A) in-house winnowing and refinement
• B) brainstorming meetings
• C) concept testing
• D) design development

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Definitions:

Profit

The financial gain achieved when the revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain the activity.

Accounting

The systematic process of recording, analyzing, and interpreting financial information.

Identifies

Identifies means to recognize or establish the nature, characteristics, or details of something or someone, especially for the first time.

Eliminates Need

Refers to the process or action that makes a particular requirement or necessity obsolete or unnecessary.