Chapter 9 Flashcards

1
Q

What is the new product development process?

A
  1. Idea generation
  2. Idea screening
  3. Concept development and testing
  4. Marketing strategy development
  5. Business analysis
  6. Product development
  7. Test marketing
  8. Commercialization
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What are some sources for new ideas?

A

internal and external idea sources; crowdsourcing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly