Which of the Following Statements Is True About a Product

question 33

Multiple Choice

Which of the following statements is true about a product innovation charter (PIC) ?

• A)It is typically prepared by team leaders.
• B)It is designed to provide guidance to the business units on the role of innovation.
• C)It reminds us that the new product strategy is for processes and other activities.
• D)It can be thought of as a kind of vision statement which is applied at macro level.

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Definitions:

Elastic Tissue

Connective tissue that allows tissues in the body to resume their shape after stretching or contracting.

Elastic Artery

A type of artery that contains a high proportion of elastic tissue, allowing it to stretch in response to each pulse and help maintain blood pressure.

Muscular Artery

A type of medium-sized artery that has a thicker muscular layer, which allows for regulation of blood flow by contracting or dilating.

Arteriole

A small diameter blood vessel in the microcirculation that extends and branches out from an artery and leads to capillaries.