Question: Firms using the basic new products process have reported _______. Group of answer choices Improvements in product teamwork More rework. Lower success rates with new

Firms using the basic new products process have reported _______.

Group of answer choices

Improvements in product teamwork

More rework.

Lower success rates with new products

90 percent shorter cycle times

All of the following statements about developing new services are true EXCEPT:

Group of answer choices

The creation of service products tends to mirror the systems used for goods

Service iterations and/or changes are more costly than product changes and take longer to create/implement

Even "pure" services have tangible support items

While services cannot be "inventoried", service "CAPABILITY" can.

New product development is a major tool in addressing the "gap" between the firm's current sales results and its planned long-term sales target.

Group of answer choices

True

False

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