Answer:
Outsourcing.
Explanation:
Outsourcing is a process to get the work done from a foreign supplier at a cheaper rate without or minimum compromising on the quality of work. Outsourcing is done by companies of those countries, where labour rate is high or scarcity of labour in the national market. It also diverse the culture of companies. Work which are outsourced to other countries are mainly non fundamental and its role is to provide support to the core company.
The new-product process stage of market testing involves two items -
- Using realistic purchase conditions to see if consumers will buy
- Exposing actual products to prospective consumers
- To find out how well a product, service, or offering will perform, one can conduct market research.
- It often consists of research studies that seek to provide answers to concerns about how the market will respond to the introduction of the product.
- Convenience goods, shopping goods, specialty products, and unsought goods are the four categories of products, and each is categorized according to consumer preferences, pricing, and product features.
- Let's explore each of them in more depth.
How many steps are in the new product development process multiple choice question?
- The process of bringing a brand-new product idea to market is known as new product development (NPD).
- It can be roughly divided into seven stages: ideation, research, planning, prototype, sourcing, costing, and commercialization, though it varies by industry.
Learn more about new product development (NPD) brainly.com/question/26679051
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Answer:
The correct answer is True.
Explanation:
The steps to follow to create a work breakdown structure are as follows:
1. Organize a meeting and share with the main stakeholders: team members are one of the most valuable assets in the process of creating the work breakdown structure. They have the knowledge, experience and creativity necessary to define each deliverable reaching the most specific details.
2. Complete the definition of all project deliverables: it is about going one step beyond the level reached in the planning and 100% complete the information on all project deliverables, including internal and external, associating each one with its estimated completion time.
3. Break down each deliverable into smaller, more manageable parts: it is about achieving a realistic level of work planning by the project manager, which ensures that, without interfering with the total estimated project deadline and the overall plan, it can be completed by the work teams. It is about determining work packages. These units constitute the lowest level of the EDT and are pieces of work that are specifically assigned to a person or a team of people to be completed, under the supervision of the Project Director. It is recommended that they focus on a single point of responsibility. The work packages will be used later to define the activities and tasks in which the project is divided.
4. Review the results obtained: with the stakeholders, both at the time of finalizing the elaboration of the work breakdown structure, and when modifications or updates are included, if applicable. It is essential to avoid overlaps.
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