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andreev551 [17]
3 years ago
5

Describe the four steps involved with product development.​

Business
1 answer:
charle [14.2K]3 years ago
7 0

Answer:

4 sequential steps in product development

The 4 steps in new product development process to turn your idea into a product

Ideation and Research. Every great product was once just an idea, an itch, a frustration the founder had with the existing status quo. ...

Strategic Planning. ...

3. Development and Testing. ...

Launch and Commercialization.

Explanation:

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Which of the following are characteristics of a project team?
finlep [7]

Characteristics of a project team are team meetings happen virtually or face to face.

<h3>Project team: What does that mean?</h3>

A project team or team is described as "an interdependent collection of individuals who work together towards a similar goal and who share responsibility for specific results of their organizations" in a project.

The five jobs that make up a project team—project manager, project team member, project sponsor, executive sponsor, and business analyst—are explained here, along with an explanation of each one's duties. Depending on the situation, a small business might have just one staff that works on many tasks. The group, for instance, might be working on a new product the following day after spending the previous day at a trade fair gathering sales leads.

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6 0
2 years ago
Deadweight loss is A. the reduction in consumer expenditure resulting from market failure. B. the reduction in economic surplus
never [62]

Answer:

The answer is: B) The reduction in economic surplus resulting from a market not being in competitive equilibrium.

Explanation:

Deadweight loss is an economic cost to society as a whole when market inefficiencies occur preventing it from reaching its equilibrium point. Market inefficiencies are caused by incorrect allocation of resources.

For example if a price ceiling is established, suppliers will tend to lower the quantity supplied while the quantity demanded either increases or stays the same. That economic deficiency resulting from an unsatisfied demand is what we call deadweight loss.

Other causes for deadweight loss are price floors (reduction of the quantity demanded) and taxation (shifts on the demand or supply curves).

5 0
4 years ago
Assess the executive summary of the business plan. This is the part where the company's mission statement and the purpose of the
inysia [295]

Answer:

What to include in an executive summary

your mission statement.company information and management team.growth highlights.products/services.financial information.The market and your customer.market opportunity.marketing and sales.

4 0
3 years ago
If everyone buys the same goods every year and the price of housing rises by 38 percent, it is
OverLord2011 [107]
It is not possible to tell what happened to the CPI because other than for housing , we do not know what happened to the prices of any of the other goods.
7 0
4 years ago
Which represents the hierarchical structure of a Google Analytics account from top to bottom?
kipiarov [429]

Answer: Account > Property> View.

Explanation:

Account: It is the access point for analytics, an organization can own more than one analytic account. In order to be able to access analytics and identify the property to be traced, at least an account is required.

Property: A property could be a website, device or a mobile application. An account could have more than one property, when a property is added to an account a tracking code is generated by analytics, this code can be used to receive data from that property. The tracking code has a unique identity, this identity helps to trace the data to that property.

View: It is the access point for reports. Before a user can view a report, there must be access which will be based on that view's data. Analytics creates the first view for a property when it is added to an account.

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3 years ago
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