To Use Ideal Attribute Levels in Product Development

question 9

Multiple Choice

To use ideal attribute levels in product development:

• A) one of the steps is to assess a segment's ideal level of performance for key attributes.
• B) one of the steps is to create a product concept.
• C) one of the steps is to create an actual product based on a product concept.
• D) All of the given answers are correct.

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Definitions:

SWOT Analysis

A strategic planning tool used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Core Competencies

refer to the unique strengths and abilities that a company or individual possesses, which give them a competitive advantage in the market.

Special Strengths

Unique abilities or talents that distinguish an individual or entity from others; often contributing significantly to success.

Leader

An individual who guides or influences a group towards achieving goals or objectives, often demonstrating authority or inspiration.