A New-Product or Service Protocol Is

question 127

Multiple Choice

A new-product or service protocol is

• A) the standardized procedures a firm follows for the inception, design, manufacturing, promotion, and distribution of a new product.
• B) a formalized statement of intent regarding what will be sold, to whom it will be sold, and by whom it will be sold.
• C) maintaining compliance with all licensing, manufacturing, and distribution standards established by the U.S. Federal Trade Commission (FTC).
• D) a statement that identifies a well-defined target market, specific customers' needs, wants, and preferences, and what the product or service will be and do to satisfy consumers.
• E) the raw unwritten ideas to produce a single commercially successful new product.

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Definitions:

Content

The information, ideas, or themes that are contained within a document, presentation, or any form of communication.

Purpose

The motive behind the creation or existence of something.

Infographics

Graphical depictions designed to convey information, data, or insights in a way that is easy to understand and interpret.

Structured Narratives

Stories or accounts organized in a clear, logical manner, often following a specific format or template.