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Novosadov [1.4K]
2 years ago
7

What step in developing new products involves determining whether the product idea is compatible with company objectives, needs,

and resources on a general level
Business
1 answer:
inysia [295]2 years ago
4 0

The step in new product development that involves determining whether the product idea is compatible with the company's goals, needs, and resources at an overall level is called screening.

<h3 /><h3>What is screening in product development?</h3>

It corresponds to a stage where the focus is on the organization and structuring of ideas about the launch of a new product, understanding better about the characteristics and benefits of the product that will be better aligned with the needs and desires of potential consumers.

Screening is an essential process, being the first stage of product development, where there is a brainstorming of ideas to define the product, increasing the possibility of it being well accepted by consumers and generating profitability for the company.

Therefore, the screening process is essential in order to define the essential criteria for the launch of the product, such as its characteristics and those of the market, in order to increase knowledge, innovation and the value of the product for consumers.

Find out more about screening here:

brainly.com/question/5943246

#SPJ1

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After jeremy has made his sales presentation and answered the prospect's objections, he says, "when would you like to take deliv
antoniya [11.8K]
After Jeremy has made his sales presentation and answered the prospect's objections, he says, "When would you like to take delivery of the copier?" This is called a trial closing. <span>A Trial Close is not a normal 'closing technique' but a test to determine whether the person is ready to close. It is use after a presentation or after a strong selling point had made or when to answer objections.</span>



6 0
4 years ago
What was the weighted average interest rate Colgate faced on its short-term borrowings in 2013? Enter with 1 decimal place and w
statuscvo [17]

Answer:

The weighted average interest rate that Colgate faced on its short-term borrowings in 2013 was:

2.2%.

Explanation:

On page 62 of its 10-K annual report for the fiscal year ended December 31, 2013, it specifically reported that "the weighted-average interest rate on short-term borrowings of $13 in 2013 and $54 in 2012 included in Notes and loans payable in the Consolidated Balance Sheets as of December 31, 2013 and 2012 was 2.2% and 1.0%, respectively."  To calculate the weighted-average interest rate, we multiply each loan amount by its interest rate to obtain the "per loan weight factor."  Then add the per loan weight factors together. Add the loan amounts together. Divide the "total per loan weight factor" by the "total loan amount," and then multiply by 100 to calculate the weighted average.

6 0
3 years ago
Which country expanded its empire the most during the Age of Discovery? A. Russia B. Africa C. Portugal D. America
galina1969 [7]

Answer:D beacuse we had a bigger population and more income

4 0
3 years ago
Read 2 more answers
It has been argued that as a result of not producing the quantity of output where unit cost is minimized, the monopolistic compe
Leto [7]

Answer:

The correct answer is: high; little.

Explanation:

In monopolistic competition, a firm produces at the level of output where the marginal revenue is equal to marginal cost. The firm is able to maximize its profit at this point.  

However, the socially optimal level of output is where the price is equal to marginal cost. This level of output is greater than the profit-maximizing level of output and charges a lower price.  

But since the firm is a price maker, it produces at the point where MR equals MC. At this point, the price is higher and the output produced is smaller. This creates a deadweight loss in the market.

5 0
3 years ago
Brief Exercise 5-8 Cullumber Company has a unit selling price of $630, variable costs per unit of $300, and fixed costs of $327,
IRISSAK [1]

Answer:

(a)

Mathematical Equation for break-even

F = QP - QV

Where

F = fixed cost

Q = Break-even quantity

P = Selling price

V = Variable cost

F = Q ( P - V )

Q = F / ( P - V )

Q = $327,030 / ( $630 - $300 )

Q = $327,030 / $330

Q = 991 units

(b)

Contribution Margin = Price per unit - Variable cost per unit

Contribution Margin = $630 - $300 = $330

Break-even Point in Units = Fixed Cost / Contribution margin per unit

Break-even Point in Units = $327,030 / $330 = 991 units

Explanation:

Mathematical equation use the the break-even equation which represent the behavior of each element towards the break-even point.

Contribution per unit method use the contribution of each unit to calculate the break-even point.

5 0
3 years ago
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