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FrozenT [24]
3 years ago
14

Killian has designed a new board game for kids. His company is now figuring out who the target market is going to be and where t

o position the product. They are also trying to find out which distribution channel to go through. Killian and his team are busy deciding the marketing budget for the product.
Killian’s board game is in the stage called _________ development.
Business
1 answer:
VashaNatasha [74]3 years ago
7 0

The correct answer is product development.

In the product development stage the company will work on things like the positioning and marketing of the new board game. Their goal is to create a need for the game and make people want to buy it.

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$1, 727.68

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Cheryl wants to have $2000 three years from now in an account that pays 5%

The $2000 is equivalent to the Future value when applying the compound interest formula. The present value is the amount she needs to invest now.

Fv= PV (1+5/100)^3

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$2000 =Pv 1.157625

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2 years ago
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