Multiple Choice
Which of the following statements best explains why idea screening may be the most important step of new product development?
A) It increases the number of ideas generated.
B) Some potentially profitable ideas may be ill perceived by the idea screeners.
C) Some ideas that will become market disasters may be originally viewed favourably by the idea screeners.
D) It gives research and development team members an opportunity to gather consumer feedback.
E) It saves the company money in product development costs by giving the green light to only the product ideas that are likely to be profitable.
Correct Answer:

Verified
Correct Answer:
Verified
Q118: A firm can obtain new products in
Q123: When a product enters the maturity stage,the
Q124: Sales decrease in the decline stage of
Q125: It's What's Hip,a chain of 18 music
Q126: Which of the following is described in
Q127: The innovation management system approach yields two
Q129: The way consumers perceive an actual or
Q130: _ is a new-product development approach in
Q132: Although test-marketing costs can be high,they are
Q133: What are the two advantages of an