During the Technical Development Phase of the New Product Development

question 132

Multiple Choice

During the technical development phase of the new product development process,a physical version of the product is developed;it is called a ________.

• A)test market
• B)focus group
• C)business analysis
• D)product concept
• E)prototype

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Definitions:

Paris Peace Conference

An international meeting held in 1919 after World War I to negotiate peace treaties between the victorious Allies and the defeated Central Powers.

Fourteen Points

A statement of principles for world peace that was used for peace negotiations to end World War I, proposed by President Woodrow Wilson in 1918.

War Industries Board

A U.S. government agency established during World War I to coordinate the production of war materials and the distribution of industrial products.

National Economy

The total economic activities and policies within a country, encompassing production, consumption, and trade of goods and services.