During which stage of the service innovation and development process are demand analysis,revenue projections,cost analyses and operational feasibility assessed?
A) Commercialization
B) Business analysis
C) Market testing
D) Service development and evaluation
E) Post introduction evaluation

Question

Quizplus · Accepted Answer

Business analysis is the stage where demand analysis, revenue projections, cost analyses and operational feasibility are assessed. This analysis helps to determine whether the proposed service is financially and operationally viable before moving on to the next stages.

During Which Stage of the Service Innovation and Development Process