The New Product Value Stream Focuses on

question 28

Multiple Choice

The new product value stream focuses on

• A)developing new products for new customers.
• B)providing current products to current customers.
• C)providing current products to new customers and new products to new customers.
• D)the production, sale, and delivery of products.

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Definitions:

Normative Ethics

A branch of ethics concerned with the criteria of what is morally right and wrong, focusing on the establishment of moral standards that regulate right and wrong conduct.

Proper Behavior

Conduct that is deemed appropriate, respectful, and considerate according to societal norms and expectations.

Abstract Good

A concept or idea of good that is not tied to any specific concrete examples or manifestations.

Cultural Relativism

A concept in anthropology that holds the belief that a person's beliefs, values, and practices should be understood based on that person's own culture, rather than judged against the criteria of another culture.