Answer:
The answer is: E) Idea screening
Explanation:
Idea screening is the second stage (comes after idea generation) of the new product development process. Its main purpose is to select "good ideas" and filter out "bad ideas".
The following questions usually help in defining what ideas can classify as good or bad.
- Do we really need to introduce a new product?
- Can our existing facilities produce the new product, or what is needed for them to be able to?
- Can we sell the new product with our existing marketing network, or what do they need to be able to do so?
- When will the new product generate profit?
Many times the concept of good or bad idea depends on the organization itself. If the answers to the questions above are positive and the company is able to go along with the project, then the new product should continue to stage 3 (concept testing).
Answer:
False.
Explanation:
In Business management, it is very important, essential and necessary that the top executives or management of an organization design, develop and establish a set of ethical codes, principles, laws, rules, regulations and standards that serve as guidelines, procedures and moral compass to all the employees working in an organization. These set of rules help the employees to understand what is acceptable or allowed while working with the company, as well as understanding the difference between right and wrong behaviors in their actions and decision-making.
Hence, individual employees do not have any influence over ethical expectations and behavior because it is out of their control and are primarily being defined by the top executives or management of the company.
The nature of the program that the organization's managers are likely to follow is INNOVATIVE. The organization's manager wanted to improve the products and set a goal to reach so that the employee will do their best to reach the goal that they didn't exist five years ago.
