What portion of the ideas for new products, refinements, and extensions ever gets to the production stage?
A) About one-third
B) At least half
C) The majority
D) Only a few
E) About two-thirds

Question

Quizplus · Accepted Answer

Only a few ideas for new products, refinements, and extensions ever reach the production stage. This is because not every idea is feasible, profitable, or aligns with the company's goals and strategy. Ideas also have to go through various assessments and evaluations before they can move forward, which can eliminate many potential concepts.

What Portion of the Ideas for New Products, Refinements, and Extensions