What Is the Difference Between Low and High Fidelity

question 18

Multiple Choice

What is the difference between low and high fidelity?

• A)High fidelity is quite close to being the final product or service,and low fidelity is usually an illustrated design or concept sketched on paper or created as a flat image
• B)High fidelity is an event for a product launch,and low fidelity is a soft launch
• C)High fidelity is a new product or service,and low fidelity is usually an old product
• D)High fidelity is quite close to being the best idea,and low fidelity is the worst idea

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Definitions:

Return on Investment

A measurement of the gain or loss generated on an investment relative to the amount of money invested.

Residual Income

A measure of profit that exceeds the minimum required return on an investment or business venture.

Percentage

A proportion or share in relation to a whole, typically expressed as a fraction of 100.

Profit Margin

A financial metric used to assess a company's profitability by comparing net income to revenue.