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Briefly Explain the Terms: New Products Process, Product Innovation Charter

question 40

Essay

Briefly explain the terms: new products process, product innovation charter, and product portfolio management.


Definitions:

Esteem Needs

A higher-level psychological need pertaining to gaining the respect, status, recognition, and self-esteem one desires.

Incongruent Self-Concept

A state where there is a mismatch between one's self-perception and the reality of one's attributes or experiences.

Unconditional Affection

An affectionate feeling or action shown towards someone regardless of their actions or faults.

Conditional Affection

Affection or emotional support shown towards someone that is dependent on specific conditions or behaviors they exhibit.

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