Author Question: What are the major phases involved in the new product development ... (Read 70 times)

RYAN BANYAN

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What are the major phases involved in the new product development process?

Question 2

Which of the following is not considered a basic step of benchmarking?
 A) Forming a benchmarking team
  B) Collecting and analyzing data
  C) Acting on results of data collection
  D) Goal setting
  E) Identifying objectives



hollysheppard095

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Answer to Question 1

The phases of new-product development start with idea generation, followed by screening, concept testing, business analysis, product development, test marketing, and commercialization.

Answer to Question 2

D



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RYAN BANYAN

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hollysheppard095

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