Which of the Following Statements About Simultaneous Product Development Is

question 80

Multiple Choice

Which of the following statements about simultaneous product development is FALSE?

• A) Simultaneous product development refers to the practice of developing multiple new products at the same time.
• B) With simultaneous product development,all relevant functional areas and outside suppliers participate in all stages of the new-product development process.
• C) All departments within the company work together at the same time,but to maintain a high level of secrecy,no one outside the company is involved in simultaneous product development.
• D) Simultaneous product development actually increases the length of time it takes to get a product to market and the time the product will stay in the growth stage of its product life cycle.
• E) The Internet has not proven to be a useful tool for implementing simultaneous product development.

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Definitions:

Shared Output

A result or product of work that is produced by two or more parties working together.

Collective Bargaining

A process where workers, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, and more.

Verification

The process of establishing the truth, accuracy, or validity of something.

Prioritization

The process of arranging or dealing with tasks, issues, or objectives according to their importance or urgency.