Demand Analysis Includes

question 25

Multiple Choice

Demand analysis includes:

• A) An evaluation of need and wants plus willingness and ability to pay
• B) Selecting target markets from identified segments
• C) Segmenting the market
• D) Matching the market and the capabilities
• E) All of the above

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Definitions:

Crib Safe

Refers to ensuring that an infant's crib adheres to safety standards to prevent accidents or injury.

Negligence

A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances.

Strict Liability

A legal doctrine that holds an individual or entity responsible for damages or harm caused by their actions or products, regardless of fault or intent.

Duty to Warn

The legal obligation to inform others about potential dangers or risks that one is aware of, especially relevant in mental health and product manufacturing fields.