What Step in Developing New Products Involves Determining Whether the Product

question 48

Multiple Choice

What step in developing new products involves determining whether the product idea is compatible with company objectives, needs, and resources on a general level?

• A) Product development
• B) Evaluation of competitor's efforts
• C) Screening
• D) Idea generation
• E) Business analysis

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Definitions:

Social Media Industry

The sector of the economy centered on the development and operation of social media platforms and services.

Influence

The capacity or power of individuals or entities to affect others' beliefs, behaviors, or decisions.

Expertise

Having knowledge and authority in a certain area of social media.

Side Hustle

An additional job or project taken on outside of one's primary employment, often to pursue a passion or supplement income.