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Describe hypothetical new product

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Reference no: EM132586531

A business case has at least four components, including market components, product components, industry components, and company components. Describe a hypothetical new product. Show how primary and secondary research for the hypothetical new product would be used to determine the following and identify the component where these would be included:

the appropriate features of the product,

the product's target price,

characteristics of product users,

size of the total market, and

projected product sales revenues in year one of the product's sales.

Reference no: EM132586531

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