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Your firm asks you to consult external sources for new-product ideas. All of the following are common external sources EXCEPT ________.

A) customers
B) suppliers
C) competitors
D) trade shows and magazines
E) the firm's executives

1 Answer

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Final answer:

The firm's executives are not an external source for new-product ideas; rather, they are part of the internal structure. External sources typically include customers, suppliers, competitors, and industry events such as trade shows and magazines.

Step-by-step explanation:

The question is seeking to identify which option is not a common external source for new-product ideas in the context of a business. Among the options provided, the firm's executives are not considered an external source, as they are part of the internal structure of the firm. Common external sources for new-product ideas include customers (A), suppliers (B), competitors (C), and trade shows and magazines (D) since external sources refer to any entity outside of the firm's own organizational structure.

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