Which of the Following Gives the Correct Order of the Steps

question 190

Multiple Choice

Which of the following gives the correct order of the steps in the new-product development process?

• A) Screening, idea generation, idea evaluation, development, commercialization
• B) Idea generation, screening, idea evaluation, development, commercialization
• C) Idea generation, idea evaluation, development, screening, commercialization
• D) Development, idea generation, screening, commercialization, idea evaluation
• E) Commercialization, idea generation, idea evaluation, screening, development

---

Definitions:

Depositor

refers to an individual or entity that places money into a bank account with the expectation of withdrawing it later or using the banking services.

Payor Bank

The bank upon which a check is drawn and that is responsible for paying the amount specified on the check to the payee.

Collected

Refers to the process of gathering or accumulating items, information, or funds.

Electronic Funds Transfers

The transfer of money between accounts by electronic means rather than the use of cash or paper documents.