Which of the Following Is Most Likely to Help Managers

question 31

Multiple Choice

Which of the following is most likely to help managers in screening hundreds or even thousands of new product concepts in a year?

• A) Reinventing the wheel when a concept similar to one that has been rejected comes up again later
• B) Bypassing the full screen to begin technical development
• C) Maintaining a record of rejected concepts
• D) Cancelling concepts that are unacceptable, but possibly worthwhile

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Definitions:

Government Policies

Decisions, plans, or actions that are undertaken by a government to achieve a specific set of goals or address specific issues within a country.

Money Supply

The total amount of monetary assets available in an economy at a specific time.

Recession

A period of significant decline in economic activity spread across the economy, lasting more than a few months.

Money Supply

The total amount of monetary assets available in an economy at a given time, including cash, coins, and balances held in bank accounts.