Which of the Following Are Not Part of the Activities

question 2

Multiple Choice

Which of the following are not part of the activities and responsibilities of product and service design?

• A)construct and test prototypes
• B)development organizational strategy
• C)refine existing products and/or services
• D)formulate cost targets
• E)document specifications

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Definitions:

Initial Public Offering

The first sale of a company’s shares to the public, leading to a stock exchange listing.

Entrepreneurial Venture

A business undertaking initiated by an individual or group who seeks to innovate, create, and manage the enterprise for growth and profit.

Equity Takeover

The acquisition of control of a company through the purchase of a significant amount of its equity shares.

Angel Investors

Wealthy individuals who provide capital for start-up companies in exchange for ownership equity or convertible debt.