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Cameron is involved in the new product development process at Bose Corporation. Currently, Cam is assessing the potential market for a noise cancelling system for automotive exhaust. Cam's job is to determine the overall size of the market and projected annual sales of the system. Essentially, he is responsible for determining the overall financial feasibility of this concept before more time and money is invested in developing the system. Cam's analysis is part of the _________ stage of the new product development:
Domain Archaea
One of the three domains of life; contains prokaryotic cells that often live in extreme habitats and have unique genetic, biochemical, and physiological characteristics; its members are sometimes referred to as archaea.
Adapted
Modified to suit a new or specific environment or condition, often referring to organisms in biology.
Inductive Reasoning
Using specific observations and the process of logic and reasoning to arrive at general scientific principles.
Hypothesis
A hypothesis is a proposed explanation for a phenomenon, made as a starting point for further investigation, validation, or refutation through experimentation and observation.
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