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:

1920s and 1930s

A period marked by significant events globally, including the Great Depression, the rise of fascism, and major developments in culture and technology.

Total Quality Management

A comprehensive and structured approach to organizational management that seeks to improve the quality of products and services through ongoing refinements in response to continuous feedback.

Customer-Driven

An approach to business that prioritizes identifying and meeting the needs and expectations of customers.

Philosophy of Management

The set of beliefs and values that influence how an organization is managed and how decisions are made.