During Which Stage of the New-Product Development Process Does Production

question 41

Multiple Choice

During which stage of the new-product development process does production start,inventories are built up,the product is shipped to distribution points,the sales force is trained,and advertising and promotion begin?

• A) product testing
• B) product prototyping
• C) commercialization
• D) simulated marketing

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Definitions:

Panel Composed

A group of selected individuals brought together to discuss, investigate, or decide on a particular matter.

Organization

An entity comprising multiple people, such as a business or government agency, organized to achieve specific goals.

Arbitration

A form of alternative dispute resolution where an impartial third party, the arbitrator, makes a decision to resolve a dispute outside of court.

Retired Judge

A judge who has left their official position upon reaching a certain age or fulfilling specific service requirements, sometimes available for temporary or part-time judicial duties.