The __________ Stage of the New-Product Process Includes an Examination

question 287

Multiple Choice

The __________ stage of the new-product process includes an examination of the technical feasibility for the product,such as 3M determining that the firm's micro-replication (the 3,000 tiny gripping "fingers") technology could be used to improve the gripping power of batting or work gloves.

• A)development
• B)Stage-Gate^®
• C)idea generation
• D)business analysis
• E)screening and evaluation

---

Definitions:

Cost of Goods Sold

This is the direct costs attributable to the production of the goods sold by a company.

Direct Costs

Expenses that can be directly attributed to the production of specific goods or services, such as raw materials and labor.

Incremental Manufacturing Cost

The additional costs incurred to produce an extra unit of output, including additional materials, labor, and overhead expenses.

Relevant Range

The scope of operations where the premises regarding variable and fixed cost dynamics hold true.