Question
In what step of product development would you evaluate the product idea to see if it would make a profit?
Question 14 options:
product launch
market testing
business analysis
idea development
Question 14 options:
product launch
market testing
business analysis
idea development
Answers
GPT-4o mini
In product development, the step where you evaluate the product idea to see if it would make a profit is called **business analysis**. During this phase, you typically assess the market potential, estimated costs, pricing strategies, and expected profitability of the product.