Economic analysis of product development projects is useful in which of the following circumstances?
A) Factory location
B) Distribution decisions
C) Go/no-go milestones
D) Demand estimation
E) Pricing

Question

Quizplus · Accepted Answer

Economic analysis of product development projects is useful in go/no-go milestone decisions. This analysis helps in determining whether a project is financially viable and should be continued or not. It factors in the costs and potential revenue of the project and assists in making informed decisions on whether to move forward with the project or not. Economic analysis may also be helpful in other circumstances such as pricing and demand estimation but the most appropriate choice is the go/no-go milestone.

Economic Analysis of Product Development Projects Is Useful in Which