The Term ability Refers To

question 27

Multiple Choice

The term ability refers to:

• A) How well a person performs a skill
• B) An individual capacity that underlies performance
• C) How quickly a skill can be learned
• D) Probability for high level of performance

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Definitions:

Added Value

The increase in worth of a product or service as a result of a particular process.

Product Development

The process of conceptualizing, designing, building, and bringing a new product to the market.

Product Strategies

Product strategies involve planning and execution techniques focused on developing, positioning, and selling products in a way that maximizes business success.

Concept Development

Concept development involves the creation and refinement of ideas for products, projects, or strategies, based on research, innovation, and planning.