Between the Phases of the New Products Process, There Are

question 26

Multiple Choice

Between the phases of the new products process, there are points when:

• A) the actual developmental tasks of the phases need to be carried out.
• B) the hard Go/No Go decisions need to be made.
• C) the process is stalled, and no work is done.
• D) the process enters into buffer phases.

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Definitions:

Gratuitous Agents

Those who act on behalf of another without receiving any compensation for their services.

Subagent

A representative or agent appointed by another agent who also has the authority and responsibility to perform specific tasks on behalf of the original agent's principal.

In-house Counsel

A lawyer or team of lawyers employed directly by a corporation or organization to provide legal advice and services.

Nonemployee Agent

A nonemployee agent typically contracts with the principal to produce a result and determines for himself or herself how that result will be accomplished. Also called an independent contractor.