The Two Components of Product/service Feasibility Analysis Are Product/service Desirability

question 22

Multiple Choice

The two components of product/service feasibility analysis are product/service desirability and:

• A) product/service value
• B) product/service durability
• C) market timeliness
• D) product/service affordability
• E) product/service demand

Recognize the role of technology and innovation in shaping economic development historically and in modern times.

Analyze the evolution of work hours, vacation time, and labor conditions over time and across countries.

Describe the relationship between investment, savings, and economic growth.

Understand the phases of the industrial revolution and their significance to economic change.

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Definitions:

Mentor

An experienced and trusted advisor who guides and supports a less experienced person, often in their career or personal development.

Overimitation

The tendency of children to imitate not just the necessary actions but also the unnecessary actions when learning from adults or peers.

Adult Actions

Behaviors or decisions made by adults, often with a focus on responsibility, maturity, or the consequences affecting themselves or others.

Time-consuming

Activities or processes that require a considerable or excessive amount of time to complete.