Which of the Following Is Most Likely to Employ a Formal

question 22

Multiple Choice

Which of the following is most likely to employ a formal full screening of product concepts?

• A)Small firms and / or entrepreneurs not doing much new product work.
• B)Some packaged goods firms whose development process is rather nontechnical.
• C)Firms that know their ability to market the product and the technical feasibility.
• D)A firm facing major issues of technical feasibility in the new product development process.

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Definitions:

Continuous-process Production

A method of production where materials are continuously in motion or processing to produce goods, often used in industries where the product is indistinguishable from batch-processing.

Labour Force

the total number of people who are available to work, including both the employed and the unemployed who are seeking employment.

Productivity

The effectiveness of productive effort, measured in terms of the rate of output per unit of input.

Appropriate Technology

Technology that is specifically designed to be environmentally sustainable, economically viable, and culturally appropriate for its intended users.