Author Question: What are the major phases involved in the new product development ... (Read 61 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
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

  • Sr. Member
  • ****
  • Posts: 339
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563

hollysheppard095

  • Sr. Member
  • ****
  • Posts: 339

 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

For a complete list of videos, visit our video library