Practice mode Pricing Strategy

What is a detailed description of a product idea, its target market, competitors and customer value proposition called?

Correct answer B. Write-up

Explanation

Many companies ask staff to produce a write-up of each new product idea on a standard form, describing the product, target market and competition so a committee can screen it.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.