In General, Top Management Support Is Needed for Successful New-Product

question 196

True/False

In general, top management support is needed for successful new-product development efforts.

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Definitions:

Sole Shareholder

An individual who owns 100% of the shares of a corporation, making them the exclusive owner.

Stock Exchange

A marketplace where securities, such as stocks and bonds, are bought and sold.

Liability

The state of being legally responsible for something, especially in terms of owing money or other obligations.

Incorporators

Incorporators are individuals or entities that are involved in creating and registering a corporation with the relevant state authority, completing and filing its articles of incorporation.