Which of the Following Statements Is True of the Development

question 7

Multiple Choice

Which of the following statements is true of the development stage of the new-product development process?

• A)Costs decrease dramatically once a product idea enters the development stage.
• B)It involves evaluating a new-product idea before creating any prototype.
• C)Simultaneous product development increases the time spent in the development process.
• D)It involves examining the feasibility of manufacturing a product at an acceptable cost.

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Definitions:

Extrinsic Rewards

Benefits or incentives given to motivate behavior that are external to the task itself, such as money, grades, or accolades.

ERG Theory

A motivational theory proposed by Clayton Alderfer that categorizes human needs into existence, relatedness, and growth categories.

Satisfied Needs

The condition of having one's basic or specific desires fulfilled or met.

Motivational Impact

The effect of different factors on an individual's drive or incentive to perform tasks and goals.