The finance group typically help in new product development by:
A)determining how much it will cost.
B)acquiring the needed capital to develop a product or service.
C)locating reliable and solvent suppliers.
D)create an identity for the product.

Question

Quizplus · Accepted Answer

The finance group's primary responsibility is to secure the capital required for developing a new product or service. While they may also be involved in cost analysis and supplier selection, these are secondary roles to their primary responsibility of securing funding. Creating an identity for the product is typically the responsibility of the marketing group.

The Finance Group Typically Help in New Product Development By