Which of the following entities is responsible for all phases of a development project, including screening decisions, developing product specifications, and coordinating product testing?

A. Brand Extension Team

B. Category Management Committee

C. New-Product Department

D. Business Analysis Task Force

Question

Jabari Parker

Business

12 March, 07:06

Which of the following entities is responsible for all phases of a development project, including screening decisions, developing product specifications, and coordinating product testing?

A. Brand Extension Team

B. Category Management Committee

C. New-Product Department

D. Business Analysis Task Force

+2

Answers (1)

Know the Answer?

Edwin · Answer 1

C. New-Product Department

Explanation:

As the name of it implies, the New-Product Deparment is in charge of developing new products, including all the procedures mentioned in the question.

These procedures can be grouped in two broad phases: research phase and development phase. During the research phase, expenses are incurred to analyze the possiblity of creating a new product, and during the development phase, the new product is now a certainty, and costs are incurred in order to finish the product and put it in the market.

Which of the following entities is responsible for all phases of a development project, including screening decisions, developing product specifications, and coordinating product testing?A. Brand Extension TeamB. Category Management CommitteeC. New-Product DepartmentD. Business Analysis Task Force