A Prototype Is A(n)

question 28

Multiple Choice

A prototype is a(n)

• A)miniature version of an actual new product used in concept testing to identify any changes that need to be made prior to full commercialization.
• B)full-scale operating model of the product under development.
• C)sample of a new product given to prospective customers and opinion leaders used to generate awareness prior to the product's commercial release.
• D)simulated operating model of the product given to consumers to use in full-scale field testing.
• E)a digital version of a product produced in multiple shapes,colors,and sizes to determine which version of the product customers like best.

Describe the structure of an atom including the role of protons, neutrons, and electrons.

Explain the concept of synergistic interactions and their effects.

Distinguish between different types of energy and their quality.

Identify organic and inorganic compounds and their characteristics.

---

Definitions:

Variable Expense

Costs that fluctuate with the level of production or business activity, such as raw material costs and shipping fees.

Break-Even

Break-even is the point at which total revenues equal total costs, resulting in no net profit or loss, indicating the volume of sales needed to cover costs.

Fixed Expense

Fixed expenses are costs that do not change with the level of production or sales volume, such as rent or salaries.

Target Profit

The target profit a business seeks to reach over a defined timeframe.