The first phase of new product development is ________

A) problem recognition
B) product concept screening
C) idea generation
D) product concept development
E) business analysis

C

Business

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A(n) ________ is any activity or group of activities that takes one or more inputs, transforms and adds value to them, and provides one or more outputs for its customers

Fill in the blanks with correct word

Business

The purchase of a home represents a potential liability if you need to move quickly and the home does not appreciate rapidly in value

Indicate whether the statement is true or false.

Business