The Seven Stages an Organization Goes Through to Identify Business

question 236

Multiple Choice

The seven stages an organization goes through to identify business opportunities and convert them into salable products or services is referred to as the

• A) commercialization process.
• B) SWOT process.
• C) business prospect development cycle.
• D) opportunity Stage-Gate®sequence.
• E) new-product development process.

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Definitions:

Subtotals

Intermediate totals calculated by adding up subsets of numbers, usually for analytical or organizational purposes.

Spell-checking

The process of identifying and correcting spelling errors in text using manual techniques or software tools.

Three-step

Refers to a methodological approach or process that consists of three distinct phases or steps, often used in problem-solving or project management.

Communication

The exchange of information, ideas, or messages between individuals through various means, including speech, writing, or electronic media.