Because the product life cycle is an inevitability in most markets, a firm must have an active Blank______ process or otherwise risk going out of business.

Question

Because the product life cycle is an inevitability in most markets, a firm must have an active Blank______ process or otherwise risk going out of business.
Multiple choice question.

new-product development

production schedule

customer outreach

employee recruitment

GPT-4o mini · Answer

The correct answer is **new-product development**.