Differentiate and Explain the Importance of Verification and Validation

question 29

Essay

Differentiate and explain the importance of verification and validation.

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Definitions:

Critical Things

Essential elements or factors that are of utmost importance and require immediate attention or consideration.

Marketing ROI

The measure of the profit or loss generated by marketing activities relative to the amount of money invested.

Strategic Marketing Process

A systematic approach to planning, executing, and evaluating marketing strategies to achieve business objectives.

Planning Phase

The initial stage in project management or business planning where objectives are set, and strategies are detailed to achieve them.