Fill in the Blank(s)

question 48

Short Answer

Fill in the Blank(s)
-The customer satisfaction cycle shows that new product development is truly a_______ process.

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Definitions:

Innovation

The introduction of something new, such as an idea, method, or device, that creates value or solves a problem.

Diffusion

The process by which innovations move through an organization.

Managerial Innovations

The introduction and implementation of new methods, policies, or procedures in management to improve efficiency, productivity, and overall organizational performance.

Managerial Bonuses

Financial rewards given to managers above their regular pay, typically linked to performance or organizational success.