"Hierarchy of Effects" Is One of the Methods Used for Identifying

question 6

Multiple Choice

"Hierarchy of effects" is one of the methods used for identifying potential problems.Which of the following statements is true regarding this method?

• A)It tries to predict competitors' reactions.
• B)It involves going through all the data accumulated in the new product's file.
• C)It starts with a satisfied customer and works back from that satisfaction to identify the effects necessary to produce it.
• D)It involves asking channel partners to predict the potential problems.

---

Definitions:

Zoning Changes

Modifications or amendments to municipal regulations that dictate how land and buildings within specific zones can be used.

Agency Relationship

A legal arrangement in which one party, the agent, is authorized to act on behalf of another, the principal, in business transactions or other matters.

Bankruptcy

The legal process by which the assets of a debtor are sold to pay off creditors so that the debtor can make a fresh start financially.

Operation Of Law Authority

Legal changes or transfers that occur automatically because of established laws, without the need for action by individuals.