There Are Seven Stages of the New-Product Development Process

question 109

Multiple Choice

There are seven stages of the new-product development process. Stage 3 follows idea generation; it is the ________ stage.

• A) tactic generation
• B) screening and evaluation
• C) screening and analysis
• D) new-product strategy development
• E) product assessment

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Definitions:

Functional Background

The experience or knowledge a person has in specific areas or fields of work.

Executive Team

A group of high-level managers or leaders within an organization responsible for making strategic decisions.

Stability

The state of being steady, consistent, and not prone to change, which is often sought after in various contexts for predictability and reliability.

Autonomy

The degree to which an individual has the freedom to make decisions and take actions independently.