The Challenge for the New Product Development Team Is to Design

question 96

True/False

The challenge for the new product development team is to design and build a product the customer wants to buy while hitting the company's success metrics--sales price, revenue, profit margins, unit sales, and cost to build.

---

Definitions:

Kant

Immanuel Kant was an 18th-century German philosopher whose work in epistemology, ethics, and aesthetics had a profound influence on modern Western philosophy, especially through his doctrine of transcendental idealism.

Practical Reason

The application of our rationality to practical problems—particularly moral problems—the solution to which consists in action (as opposed to a statement or a theory).

Postulate

A fundamental principle or assumption that is accepted without proof, often serving as a basis for developing further theories or arguments.

Aristotle

An ancient Greek philosopher and polymath whose extensive works on various subjects laid foundational principles in Western philosophy and science.