________ involves a review of the sales,costs,and profit projections for a new product to find out whether they satisfy a company's objectives.
A) Vendor analysis
B) Portfolio analysis
C) Business analysis
D) SWOT analysis
E) Concept analysis

Question

Quizplus · Accepted Answer

Business analysis involves a comprehensive review of the financial projections, including sales, costs, and profit, to determine whether a new product aligns with a company's objectives. This analysis helps companies make informed decisions about whether to invest in a new product or not. Vendor analysis involves evaluating and selecting suppliers; portfolio analysis involves evaluating a company's product portfolio to make strategic decisions; SWOT analysis involves an assessment of a company's strengths, weaknesses, opportunities, and threats; and concept analysis involves evaluating the feasibility and potential of a new product idea.

________ Involves a Review of the Sales,costs,and Profit Projections for a New