New product development – NBC Institute

MA – May 2017 – L2 – Q2a – Decision making techniques

Identify and explain three external and two internal sources from where a company can collect data for adding a new product.

Question

One of the key stages of decision making in organizations is the collection of data on alternative courses of action.

Required:

State and explain THREE external and TWO internal sources from where data can be collected by a company seeking to add a new product to its production line.

(5 marks)

Answer

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Tags: Data collection, Decision Making, External sources, Internal sources, New product development
Level: Level 2

Topic: Decision making techniques
Series: MAY 2017

Question Tag: New product development

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MA – May 2017 – L2 – Q2a – Decision making techniques

Identify and explain three external and two internal sources from where a company can collect data for adding a new product.

MA – May 2017 – L2 – Q2a – Decision making techniques

Identify and explain three external and two internal sources from where a company can collect data for adding a new product.

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MA – May 2017 – L2 – Q2a – Decision making techniques

Identify and explain three external and two internal sources from where a company can collect data for adding a new product.

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MA – May 2017 – L2 – Q2a – Decision making techniques

Identify and explain three external and two internal sources from where a company can collect data for adding a new product.

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