Question: In the idea generation phase of the product development process, what is the primary advantage of using external sources such as customer feedback and competitive

In the idea generation phase of the product development process, what is the primary advantage of using external sources such as customer feedback and competitive analysis?

External sources uncover unmet needs and market gaps, improving product success chances.

Competitive analysis ensures product features directly imitate top

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performing rivals.

Customer feedback primarily influences pricing rather than product development.

External sources reduce internal R&D costs by outsourcing innovative processes entirely.

In the idea generation phase of the product

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