A Statement That Identifies: (1)a Well-Defined Target Market; (2)specific Customers

question 55

Multiple Choice

A statement that identifies: (1) a well-defined target market; (2) specific customers' needs,wants,and preferences;and (3) what the product will be and do to satisfy consumers is referred to as a new product's or service's

• A)protocol.
• B)proposition.
• C)modus operandi.
• D)formula.
• E)methodology.

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Definitions:

Network Connectivity

The ability of devices to connect and communicate with each other over a network.

Wearable Tech

Electronic technologies or devices worn on the body as accessories or implants, often for tracking health and fitness information.

Operational Support Systems

Information systems designed to produce a variety of information on an organization’s activities for both internal and external users.

Transaction Processing Systems

Operational support system to record and process data from business transactions.