ISO 9000 Requires That a New Product Development Process Be

question 13

True/False

ISO 9000 requires that a new product development process be defined and followed by a company.

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Definitions:

Eurodollars

U.S. dollars deposited in banks outside the United States, often used in international transactions.

American Dollars

The currency of the United States of America, widely used in international transactions and known as the USD.

European Banks

Financial institutions operating in Europe, subject to the region's regulatory frameworks, providing a range of banking and financial services.

American Firm

A company that is incorporated or has its principal operations in the United States of America.