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While Developing New Products Is Far from an Exact Science,most

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While developing new products is far from an exact science,most firms do follow a formal new-product development process.


Definitions:

Stereotyping

The act of categorizing individuals or groups into overly simplified and generalized roles based on limited information.

Interpersonal Conflict

A situation where two or more people have opposing needs, desires, or opinions that clash.

Genetic Predisposition

The inherited genetic pattern that increases the likelihood of developing a particular disease, condition, or trait.

Prejudice

Preconceived opinion or bias, often unfavorable, towards individuals or groups without sufficient knowledge, rational reason, or experience.

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