In the project planning stage of the new product development process,a project proposal _____.
A)is finally given to top management for a go or no-go decision
B)is used to produce a finished good that is submitted outside a company for customer approval
C)lists the eliminated ideas that failed to be profitable when marketed by a company
D)lists the three categories of risk and its associated risk tolerance

Question

Quizplus · Accepted Answer

In the project planning stage, a project proposal is developed and presented to top management for their approval to move forward with the project. This is the point where a go or no-go decision is made based on the feasibility and potential profitability of the proposed product.

In the Project Planning Stage of the New Product Development