Which of the following refers to the participant responsible for conceiving and designing a product for consumption by customers worldwide?

Question

Quizplus · Accepted Answer

The participant responsible for conceiving and designing a product for consumption by customers worldwide is known as the focal firm. The government refers to the governing bodies of a country or region, facilitator refers to someone who helps in the process of achieving a goal, and intermediary refers to a person or organization that acts as a middleman between two parties.

Which of the Following Refers to the Participant Responsible for Conceiving