During the _____ stage of the new-product development process, production starts, inventories are built up, the product is shipped to distribution points, the sales force is trained, and advertising and promotion begin
a. commercialization
b. test marketing
c. idea generation
d. business analysis
ANSWER: a
During the commercialization stage of the new-product development process, production starts, inventories are built up, the product is shipped to distribution points, the sales force is trained, and advertising and promotion begin. Commercialization is the final stage in the new-product development process.
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______________________ is the process of transferring an amount from the bond discount or premium to interest expense each time period to adjust interest expense
Fill in the blank(s) with correct word
When setting optimal levels of product availability in practice, it is important to
A) obtain a reasonable estimate of the cost of stocking out. B) obtain a very precise estimate of the cost of stocking out. C) focus on the most responsive production method, even if it is not low cost. D) develop a preset target of product availability.
According to projections, the population of ________ is likely to grow by 9 percent between 2013 and 2025.
A. Japan B. the United States C. China D. Russia E. Egypt
Bills of lading are meant to be: A) Substitutes for money
B) a means of transferring goods to buyers. C) sight drafts. D) guarantees for payment of the goods.