Answer:
the correct answer is
a. identification of a potential market
Product development or product design entails a process of balancing various types of considerations to ensure that the final product meets the needs and expectations of the customers.
1. Functionality: This refers to how well the product meets the functional requirements of the users. It includes aspects such as ease of use, reliability, and performance.
2. Aesthetics: This refers to the visual appeal of the product. It includes factors such as color, shape, and texture.
3. Cost: This refers to the amount of money required to produce the product. It includes factors such as materials, labor, and overhead costs.
4. Safety: This refers to how safe the product is to use. It includes factors such as product testing, warning labels, and safety features.
5. Environmental impact: This refers to the impact of the product on the environment. It includes factors such as sustainability, recyclability, and waste reduction.
Balancing these considerations is essential to ensure that the final product meets the needs of the customers while also being cost-effective and environmentally responsible. By taking into account all of these considerations, product development and design teams can create products that are functional, visually appealing, affordable, safe, and sustainable.
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Answer: The correct answer is False.
Explanation:
Business behavior will not determine the ethics of society. Businesses can't be responsible to change the moral and ethical behaviors of a single person or an entire world. Only a person can change their own behavior. A society in whole can only be changed by each person acting upon their own free will.
If a business is not ethical, then they need to change the way they work and do business and lead by example.
Answer: (A) Antitrust law
Explanation:
The antitrust law is the law that government imposed for increasing the competition in marketplace.
The antitrust law is basically promote the and also protect the level of competition in the market. It always ensure illegal business practices and the also proscribe the unlawful merges.
If the prices get lower in the geographical areas, it is one of the best example of explaining the antitrust law.
Therefore, Option (A) is correct.
Answer:
About 45.45%
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