Once the Product Innovation Charter Has Selected a Market Area

question 50

Multiple Choice

Once the product innovation charter has selected a market area for focus,which of the following should be done prior to appearance of the concept?

• A)Eliminate other existing product concepts.
• B)Withdraw all other products of the firm from the market.
• C)Study the market which has been selected.
• D)Decide the budget allocation for the new product.

---

Definitions:

Megasporangia

Structures in plants that produce megaspores, which develop into female gametophytes.

Antheridia

Male reproductive structures in plants, algae, and fungi that produce and release sperm.

Integuments

Layers or coverings of an organism or organ, serving to protect or enclose, especially the outer layer of seeds or the skin of humans and animals.

Megasporangium

A plant structure that produces megaspores, which develop into female gametophytes in seed plants and certain ferns.