An Automobile Firm Wants to Introduce Its Cars into New

question 5

Multiple Choice

An automobile firm wants to introduce its cars into new international markets to increase its customer base.Since it does not know about customer needs in these markets, it associates itself with local firms that have developed prototypes based on the customer needs of these markets.The method of idea generation used by the automobile firm is:

• A)licensing.
• B)customer research.
• C)internal research.
• D)reverse engineering.
• E)brainstorming.

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Definitions:

Years Of Education

The total number of years spent in formal education, ranging from elementary through tertiary levels.

Sales And Experience

The relationship or impact that an individual's experience may have on their ability to sell or influence sales outcomes.

Estimated Error

A quantification of the difference between an observed value and the true value, often used in the context of statistical models to measure accuracy.

Sales And Experience

Refers to the relationship or correlation between the sales performance and the level of experience in a particular field or job.