In the Idea Generation Stage of the New-Product Development Process

question 131

Multiple Choice

In the idea generation stage of the new-product development process

• A) many new ideas in business markets come from competitors.
• B) customers are given new products to test.
• C) a S.W.O.T. analysis helps evaluate new product ideas.
• D) a firm decides which ideas to pursue based on return on investment screening.
• E) final ROI estimates are done.

Learn the impact of job satisfaction on an organization's effectiveness and employees' mental and physical health.

Distinguish between true and commonly held misconceptions regarding job satisfaction and organizational commitment.

Appreciate the role of hope in management and employee goal setting and achievement.

Understand the concept of anticipatory emotions and their role in goal achievement.

---

Definitions:

FICA Tax Rate

The combined rate for Social Security and Medicare taxes that employers and employees must pay on wages.

OASDI

Old-Age, Survivors, and Disability Insurance, a comprehensive federal benefits program that includes retirement, disability, and survivors benefits.

State Income Tax

A tax levied by a state on the income of its residents and businesses operating within its jurisdiction.

Federal Income Tax

The annual income of individuals, corporations, trusts, and other legal organizations is subject to taxation by the IRS.