Describe the Factors That Should Be Considered in Developing New

question 66

Essay

Describe the factors that should be considered in developing new products for international markets with particular emphasis on the consequences for not adequately testing new products.

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Definitions:

Inefficient Divisions

Parts of an organization that operate with lower productivity or effectiveness compared to expected standards.

Production Costs

The total expense involved in manufacturing goods, including raw materials, labor, and overhead costs.

General Rule

A principle or guideline that applies broadly and is considered to be of general use or value.

External Sales

Sales made to parties outside of the company, as opposed to internal transactions.