It Is Important to Design a New Product with Both

question 65

Multiple Choice

It is important to design a new product with both ease of use and aesthetic appeal because it:

• A)lowers the cost of manufacturing the new product.
• B)eliminates the strategic risk of developing the new product.
• C)can clearly differentiate the new product from competitors.
• D)can reduce the internal risk of developing the new product.

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Definitions:

No-liability

A type of company structure where shareholders are not obliged to contribute additional equity to cover company debts in case of insolvency.

Limited by Guarantee

A form of incorporation used primarily by non-profit organizations where the liability of the members is limited to the amount they agree to contribute if the company is wound up.

Equity

The residual interest in the assets of an entity after deducting liabilities, representing ownership interest.