New Products Ideas Flow From

question 42

Multiple Choice

New products ideas flow from:

• A)top management who know the company's strengths and weaknesses.
• B)salespersons who are close to customer needs.
• C)channel members.
• D)all of the above.
• E)(a)and (b)only.

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Definitions:

Current Account

A component of a country's balance of payments that includes transactions in goods, services, primary income, and secondary income flows between domestic and foreign entities.

Demand

The quantity of a good or service that consumers are willing and able to purchase at different prices.

British Pounds

The currency of the United Kingdom, symbolized as GBP, and commonly referred to as the pound sterling.

Supply

The total amount of a good or service that is available for purchase at various prices in a given market.