Correct Answer
verified
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Multiple Choice
A) where prospective customers are exposed to new product prototypes for the first time.
B) where new product concepts that have been found viable are converted into actual prototypes.
C) that internally and externally evaluates new-product ideas to eliminate those that warrant no further effort.
D) that specifies the features of the product and the marketing strategy needed to bring it to market and make financial projections.
E) where consumers evaluate a new product's performance in an actual-use situation.
Correct Answer
verified
Multiple Choice
A) a competitor with a similar product beat the firm to market
B) too much input from different stakeholders outside the firm
C) not learning critical takeaway lessons from past failures
D) it is a personal favorite of the CEO
E) the board of directors insisted on it
Correct Answer
verified
Multiple Choice
A) inventive innovation
B) continuous innovation
C) discontinuous innovation
D) dynamically continuous innovation
E) continuous invention
Correct Answer
verified
Multiple Choice
A) internal and external evaluations of new-product ideas.
B) product selection and budgeting projections.
C) business and cost analyses.
D) patent searches and environmental scanning.
E) idea selection and prototype development.
Correct Answer
verified
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