________ refers to knowing the target market,specifying the benefits to be delivered to the target customers,having a basic idea of how the product will be positioned,and finalizing the features and attributes.

Question

Quizplus · Accepted Answer

Sharp product definition refers to the process of clearly defining the target market, benefits to be delivered, product positioning, features, and attributes. This process is essential for creating a successful product and ensuring that it meets the needs and wants of the target market. Fast time-to-market, careful launch planning, and strong market orientation are all important factors in the product development process, but they are not specifically related to product definition.

________ Refers to Knowing the Target Market,specifying the Benefits to Be