-In the model of the SDLC shown in the accompanying figure, the purpose of the ____ is to build a logical model of the new system.
Definitions:
Marketing Mix
The mix of elements a company can manage to encourage consumers to buy its offerings, commonly recognized as the 4Ps: product, price, place, and promotion.
Market Forecast
The projection or estimation of future market trends, sizes, and characteristics based on current and historical data.
Sales in An Industry
The total volume or value of all products or services sold within a specific industry over a certain period.
Future Sales
Projected revenue from selling goods or services over a future period.
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