Which of the Following Is a Key Component That Contributes

question 89

Multiple Choice

Which of the following is a key component that contributes to the success of new product development efforts?

• A) Leaving the task of new product development exclusively to top management
• B) Limiting the budget in order to reduce losses in case the product fails
• C) Creating a cross-functional team early in the development process
• D) Assigning a group of marketers the task of creating new products

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Definitions:

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed.

Piaget's Theory

A theory of cognitive development that describes how children's intellect grows through four stages as they learn to understand the world.

Representational Thinking

A cognitive process in which abstract concepts are understood by linking them to concrete experiences or symbols.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, a concept developed during infancy.