A Strategic Method for Identifying Whether to Use a Component

question 15

Multiple Choice

A strategic method for identifying whether to use a component or a feature in a project best defines

• A)nominal group technique.
• B)Delphi technique.
• C)Kano model.
• D)SWOT analysis.

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Definitions:

Competitive Advantages

Unique attributes or capabilities that allow a company to outperform its competition, leading to greater sales or margins and market share.

Marketing Mix

A set of controllable, tactical marketing tools—product, price, place, and promotion—that a company uses to produce a desired response in the target market.

Adds Value

The process of enhancing a product or service before offering it to customers, thereby increasing its worth.

Inform Consumers

The practice of providing customers with relevant and accurate information about products, services, and their impact, enabling informed purchasing decisions.