Asked by Robin Smith on May 04, 2024
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A local technology firm is developing a new travel app that identifies antique shops and art galleries in the cities that you plan to visit. How can this tech firm reduce the risks involved in developing this new travel app?
Antique Shops
Retail outlets specializing in the sale of antiques, which are collectible objects such as furniture, art, or jewelry of high age, quality, and historical significance.
Art Galleries
Venues that display and often sell works of art. Galleries can be public or private and typically showcase a variety of art forms, including paintings, sculpture, and photography.
Travel App
A smartphone application designed to facilitate travel planning, including bookings, itineraries, and recommendations.
- Understand strategies for reducing risks in new product development.
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Learning Objectives
- Understand strategies for reducing risks in new product development.
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