All of the Following Are Major Steps in Developing New

question 1

Multiple Choice

All of the following are major steps in developing new products except

• A) test marketing.
• B) evaluation of competitors' efforts.
• C) screening.
• D) business analysis.
• E) idea generation.

---

Definitions:

Direct Operating Expenses

Costs that are directly associated with the operation of a business, such as wages and materials, but excluding overhead and capital costs.

Department

A division or unit within a larger organization, focused on a specific area of work or function.

Vice President of Production

A senior executive responsible for overseeing and managing all production-related aspects of a company, including manufacturing processes, production efficiency, and product quality.

Plant Managers

Individuals responsible for overseeing all aspects of operations, production, and efficiency in a manufacturing plant or factory.