Question
All of the following are activities involved in the product planning phase except which activity?
Question 16 options:
determine if the new product could be produced at a reasonable cost
identify products that will meet customers' needs
secure financing for the new product
screen out products that are likely to fail
Question 16 options:
determine if the new product could be produced at a reasonable cost
identify products that will meet customers' needs
secure financing for the new product
screen out products that are likely to fail
Answers
GPT-4o mini
In the product planning phase, the focus is on identifying and developing new products that align with customer needs and organizational goals. Among the options provided, the activity that does not typically fall under the product planning phase is:
**secure financing for the new product**
Financing is generally part of the broader business planning or product development phases and may occur after the initial product planning activities have been completed. The other options directly relate to assessing and aligning the product with market opportunities and feasibility.
**secure financing for the new product**
Financing is generally part of the broader business planning or product development phases and may occur after the initial product planning activities have been completed. The other options directly relate to assessing and aligning the product with market opportunities and feasibility.