The Enhancement of Existing Products Is an External Product Development

question 98

True/False

The enhancement of existing products is an external product development strategy.

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Definitions:

Performance Evaluation

The process of assessing an employee's job performance using various methods, to provide feedback, determine suitability for promotion or raises, and identify areas for improvement.

Administrative

Pertaining to the tasks, activities, and operations involved in the running of an organization or institution.

Developmental

Pertaining to the progress or improvement of an individual's skills, attributes, or capabilities over time.

Developmental Approaches

Methods focused on facilitating growth, learning, and improvement in individuals, groups, or organizations.