Developing a Pool of Concepts as Candidates for New-Products Is

question 283

Multiple Choice

Developing a pool of concepts as candidates for new-products is the __________ stage of the new-product process.

• A)proactive production strategy
• B)screening and evaluation
• C)product development
• D)new-product strategy development
• E)idea generation

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Definitions:

Common-Sized Financial Statement

A financial statement in which each line item is expressed as a percentage of a certain base figure, facilitating comparison across periods or companies.

Percentage

A fraction or ratio expressed as a part of 100.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets over its current liabilities.

Current Assets

Current assets are assets that a company expects to convert into cash, sell, or consume within one year or within its operating cycle if longer than a year.