Which of the Following Questions Is Answered During the Business

question 1

Multiple Choice

Which of the following questions is answered during the business analysis of ideas?

• A) Does the product meet a need?
• B) Do we have a technically and commercially sound product?
• C) Can we find a cost-effective, affordable marketing strategy?
• D) Can this product meet sales expectations?
• E) Can we find a good concept consumers say they would try?

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Definitions:

Acceptor

A drawee of a draft who has promised to honor the draft as presented by signing it on its face.

Draft

A written order by which the party creating it orders another party to pay money to a third party. Also called bill of exchange.

Instrument

A formal legal document that serves as evidence of a fact, act, or obligation, such as a deed, will, or contract.

Insane

A term describing severe mental illness or insanity, legally signifying inability to understand or control one's actions.