The Two Components of Product/service Feasibility Analysis Are

question 28

Multiple Choice

The two components of product/service feasibility analysis are:

• A) product/service desirability and product/service demand for similar products
• B) product/service demand and total start-up cash needed
• C) product/service desirability and management prowess
• D) product/service desirability and product/service demand
• E) product/service demand and target market attractiveness

Explain the concept of depth perception and the cues involved in depth perception.

Recognize the impact of critical periods on the development of perceptual abilities.

Describe the process and challenges of sensory adaptation in different sensory modalities.

Understand the influence of expectations and context on perceptual experiences.

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Definitions:

Magnet

In marketing, refers to an offer or content that attracts potential customers by addressing their needs or interests, much like a magnet attracts ferrous objects.

Monitor

The act of closely observing or tracking activities, changes, or performances, often using tools or software, for purposes like security, quality control, or data collection.

Owned Media

Media channels that a brand has full control over, such as their websites, blogs, or social media profiles, where they can publish and distribute content directly.

Earned Media

Publicity gained through promotional efforts other than paid advertising, often as a result of word-of-mouth or viral communication.