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A small company identifies a market need for a new device.

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A small company identifies a market need for a new device. However, the firm is relatively young and does not have much design expertise. In this situation, which of the following would be the BEST option for bringing the new product concept to market?

A.

Develop detailed performance specifications for potential suppliers to use

B.

Develop detailed design specifications for potential suppliers to use

C.

Issue a detailed Statement of Work (SOW) for the new device

D.

Engage in a multiple sourcing arrangement to gather several design solutions

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