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course content-owc,4182 ,-Take Test: Final Exam-ONC C' secure https://elearningketcs.edu/webapps/ ?sp?course_assessment_id-J 970713,1&course-id;",4934817 e Question Completion Status QUESTION 15 The first step in the product development process is to evaluate opportunities and select the best product ideas. What is the second step? Make sure the product performs and appeals to consumers Get feedback to refine the product concept Design with manufacturing in mind o Build and test prototypes QUESTION 16 if you've condluded that you have a potential product for which people will pay money, your next step is to segment your market ? identify your competitors O analyze your market o hire the right employees QUESTION 17 To come up with good?usinesses ideas you should do all of the following except O have lots of ideas ask yourself what you want to sell Obe creative seek product ideas from people inside your organization QUESTION 18 Click Save and Submit to save and submit.Click Save All Ansuvers to save all ansuers CHewo9(.doc CH16new09 (4).doc CH16newO9 (3) doc 4 5 6 7 2 3Explanation / Answer
15. The first step in the product development process is to evaluate opportunities and select the best product ideas. The second step is design the manufacturing in mind. So the correct option is B.
16. If you have concluded that you have a potential product for which people will pay money, your next step is to analyze your market. So the correct option is C.
17. To come up with good business ideas you should do all of the following except have lot of ideas. So the correct option is A.
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