The new-product strategy development stage accomplishes all of the following except
A. it specifies the target markets to be served by new products.
B. it outlines the costs that will be incurred for the development of new products.
C. it specifies how new products will fit into the company's marketing plan.
D. it outlines general characteristics of the types of products the firm will develop.
E. it provides general guidelines for the new-product development process.
Answer: B
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