With Reference to New Product Development,which of the Following Is

question 55

Multiple Choice

With reference to new product development,which of the following is referred to as the bazooka effect?

• A)Capturing the target market by introducing the new product at a low price
• B)Quickly blasting out suggestions
• C)Enhancing the image of a product by introducing it at a high price
• D)Approving a concept solely based on the technical criteria

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Definitions:

Fossil

Physical evidence of an organism that lived in the ancient past.

Cambrian Period

A geological era around 541 million years ago, marked by a rapid diversification of life forms and the appearance of most major groups of animals in the fossil record.

Great Chain of Being

A hierarchical structure of all matter and life, believed in medieval Christianity to have been decreed by God.

No Apparent Function

Describes aspects of organisms that do not show a clear purpose or role.