The Most Expensive Stage in the New-Product Development Process for Most

question 220

Multiple Choice

The most expensive stage in the new-product development process for most products and services is

• A) commercialization.
• B) screening and evaluation.
• C) business analysis.
• D) development.
• E) market testing.

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Definitions:

Interact

To communicate or act together, influencing each other, often in a dynamic and responsive way.

Passively

In a manner that involves acceptance or submission without active response or resistance.

Memo

A written message, especially in a business setting, for communication within an organization.

Voice Mail

A system that allows users to exchange personal voice messages using an electronic system.