Business Analysis Refers to the Stage of the New-Product Development

question 278

Multiple Choice

Business analysis refers to the stage of the new-product development process

• A)where the target markets are selected and resources are allocated to reach them.
• B)where the target market segments that show potential are selected and those that do not are eliminated.
• C)that specifies the features of the product and the marketing strategy needed to bring it to market and make financial projections.
• D)where there is a formal accounting of all monies spent on R&D to determine the return on investment (ROI) that the new product will give back to the firm.
• E)that internally and externally evaluates new-product ideas to eliminate those warranting no further effort.

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Definitions:

Identity Theft

The fraudulent practice of obtaining and using another person's private identifying information, typically for financial gain.

Key Logging

The practice of recording the keys struck on a keyboard, typically in a covert manner, so that the person using the keyboard is unaware that their actions are being monitored.

Hard-To-Guess Passwords

are secure, complex passwords that are difficult for others to predict, enhancing protection against unauthorized access.

Internet Gambling

Engaging in the act of betting or placing stakes on games of chance via the internet.