What Is Necessary for a Prototype to Be Effective

question 5

Multiple Choice

What is necessary for a prototype to be effective?

• A)It must be a working model of the product or service.
• B)It must communicate what our ideas look like,how they behave,and how they work.
• C)It must be the same as the model that will be launched at the start of the business.
• D)It must include engineering models or,for a service,an operational plan.

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Definitions:

Straight-Line Method

A depreciation technique that allocates an equal amount of the asset's cost to each year of its useful life.

Semiannually

Occurring twice a year; a term often used to describe the payment schedule of interest or dividends.

Amortization of Discount

The gradual reduction of a bond discount over its life, affecting the issuer's interest expense and balance sheet.