Asked by Dalton Gross on Jun 26, 2024
Verified
What is the objective of the product decision?
Product Decision
The process of selecting, designing, and developing products to meet consumer demand and achieve competitive advantage.
- Understand the fundamental concepts and methodologies of risk management and failure tolerance in the development of new products.
Verified Answer
PC
Paige CaldwellJun 29, 2024
Final Answer :
To develop and implement a product strategy that meets the demands of the marketplace with a competitive advantage.
Learning Objectives
- Understand the fundamental concepts and methodologies of risk management and failure tolerance in the development of new products.
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