Which of the following takes place during the second stage of a stage-gate development funnel?
A) The product development proposal is reviewed in terms of its fit with the goals and strategies of the organization.
B) A senior management committee reviews the new product development plan.
C) Organizational resources are allocated for developing a prototype of the product.
D) A cross-functional team of managers is formed to develop a detailed plan for product development.
B
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The assignment of numbers or other symbols to characteristics of objects according to certain prespecified rules is called ________
A) randomization B) measurement C) sampling D) exploring E) characterization
Since the business environment involves considerable uncertainty, a manager cannot use modeling to estimate the risks resulting from specific actions
Indicate whether the statement is true or false