Examlex
After Mattel evaluated many new products to add to its Barbie product line and before any prototype was created,the toy manufacturer instructed a committee to select three of the ideas to present to a group of consumers.The consumer group was asked to evaluate the three product ideas in terms of their marketability.What is this stage of new-product development?
Higher Resources
Refers to the availability of increased or superior assets, whether financial, material, or human, for the purpose of achieving greater objectives or improving operations.
Social Conduct
Refers to behaviors and actions that are considered acceptable and appropriate according to societal norms and values.
Behaviors
Actions or reactions of an individual or group in response to external or internal stimuli, often studied in psychology and sociology to understand and predict patterns.
Environment
The surroundings or conditions in which a person, animal, or plant lives or operates, including natural, social, and cultural factors.
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