Question: The correct implementation of new product development process helps minimize the risk of product failure. When Netflix wanted ideas for improving the accuracy of its

The correct implementation of new product development process helps minimize the risk of product failure. When Netflix wanted ideas for improving the accuracy of its Cinematch online recommendation system, it decided to open it up to the world." promising a $1 million prize for the best solution. The approach that Netflix applied is called: 1. Identify the source of new product Ideas 2. Define it For the toolbar, press ALT+F10 (PC) O ALTHEN F10 Mac) BTW. Paragraph Aris 10pt A2 $EEE X X 16 12 05 3 EB BH 3 B) (+) . *** 11 WORDS POWER

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