Question

The __________ refers to the core business process in which an organization researches, develops, and introduces novel, high-quality products quickly and within the firm’s budget.

Select the correct answer

1. customer relationship management process

2. customer acquisition process

3. new-offering realization process

4. fulfillment management process

Answer 1

New-offering realization process is nothing but  the core business process in which an organization researches, develops, and introduces novel, high-quality products very soon and ensure that they are within the firm's budget all in all. customer relationship management is a process that attempts to increase customer loyalty whereas customer acquisition process involves in roping in new customers all in all.  fulfillment management process is the process that refers from the point of sales to customer service on the whole.

Therefore (c) new-offering realization process is the answer