There are different types of prototype decisions. Cereal is an example of a consumer product, where many low cost comprehensive prototypes are built since the product has high market risk.
There are different kinds of Prototype Decision when looking at the technical risk compared to the prototype cost. They are:
- Low risk - low cost (printed stuff)
: Here, there is no need for comprehensive prototypes.
- Low risk - high cost (ships, buildings)
: Here, there is no way one can afford comprehensive prototype.
- High risk - low cost (software)
: Here, there a a lot of comprehensive prototypes.
- High risk - high cost (airplanes, satellites)
: This often make use of analytical models a lot, have a well throughout planned of comprehensive prototypes
Prototyping is simply known to be the estimation or approximation of the product with its one or more areas of interest. It has 2 kinds which are Physical prototypes vs. analytical prototypes
, Comprehensive (with all the attributes of a product) vs. focused.
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Answer:
Effective Communication
Explanation:
The goal of effective communication is understanding between sender and receiver. In other words, when the message is understood as intended, effective communication happens.
Michael is taking care of the words he uses, his arguments, and the format, and these actions will help him achieve the goal of effective communication.
Answer:
Option D is correct one.
<u>In Cobb-Douglas production, the return to scale depends on the sum of the exponents.</u>
Explanation:
It shows a production function passing through increasing returns to constant returns and then to decreasing returns.
I hope this would help...
If the company decided to offer services and benefits that doesn't focus with any specific target, there is no segmentation. This is known as u<span>ndifferentiated strategy, They tried to ignore specific target and try to appeal to the whole market. That's why for some, they call it mass marketing.
Companies use this strategy so their message will reach the largest number of consumers. This is actually a good strategy as it don't limit target audiences.</span>
Deflation (where the average prices are positive, but falling) OR Disinflation where they are negative
