When managers generate and experiment with ideas related to new products,services or processes.this is:

Question

Quizplus · Accepted Answer

The process of generating and experimenting with ideas related to new products, services or processes is typically referred to as research and development (R&D). This involves exploring new ideas, testing their feasibility, refining them, and ultimately bringing them to market. While design, production, marketing, and distribution are all important components of the product development process, they typically come after the R&D stage. Therefore, option A is the best choice.

When Managers Generate and Experiment with Ideas Related to New