Questions
FA25-BL-BUS-M370-11927 Marketing Final Exam- Requires Respondus LockDown Browser
Single choice
LEGO’s innovation team proposes a subscription model where families receive rotating themed kits monthly. The idea aims to boost recurring revenue but raises concerns about product fatigue. Which step in the new-product development process is most relevant before launch?
Options
A.Idea screening
B.Commercialization
C.Product launch
D.Concept testing
E.Post-launch review
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Step-by-Step Analysis
The scenario presents a new subscription-based LEGO concept and asks which step in the new-product development process is most relevant before launch.
Option 1: Idea screening. This step involves evaluating a broad set of ideas to select the most viable ones to pursue, but it typically occurs earlier in the process before a concrete concept is developed. In this case, the idea has already been pos......Login to view full explanationLog in for full answers
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