As product development at Hanson manufacturing has gone through the screening process and now, based on the product development process, the team is ready to undertake Business Analysis.
The business analysis includes assessing and evaluating the various processes or strategies that you are implementing in the business.
The product development process includes a step called business analysis which helps in analyzing how a particular strategy will prove to be effective or not.
In the scenario above, the product development team of Hanson manufacturing has already screened out a better developing idea. Now, the next step will be to business analysis and determine how this strategy will benefit the business.
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The product development team at Hanson manufacturing has been developing a new idea for a faster production process. They have gone through the screening process and now, based on the product development process, the team is ready to undertake?
a) Business analysis
b) Business marketing
c) Business strategy
d) Business production
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