Keith and Andrew Owns a Software Consulting Firm

question 48

Multiple Choice

Keith and Andrew owns a software consulting firm.They wanted to create a new software product.They got a number of ideas from the employees of the firm.After analyzing all the ideas,they chose one particular product idea.Next,they assessed the new product's potential market,growth rate,and likely competitive strength.Further,resources were invested in research and product prototypes were developed to support these research effects.Keith and Andrew's firm has completed the stage of:

• A)postdevelopment review decisions.
• B)commercialization decisions.
• C)making decisions on the business case.
• D)business analysis review.

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Definitions:

Gibbons v. Ogden

A landmark 1824 Supreme Court case that held the power to regulate interstate commerce was granted to Congress by the Commerce Clause of the U.S. Constitution.

Commerce

Trade among the several states or between any foreign country and any state or territory.

Congress

The national legislative body of the United States, consisting of the Senate and the House of Representatives.

Trademark

Any word, name, symbol, or device adopted and used by a manufacturer or merchant to identify goods and distinguish them from those manufactured or sold by others.