In the new product development process,which of the following is most likely to be determined first while analyzing the financial aspects of the product?
A)Net present value
B)Sales forecast
C)Internal rate of return
D)Payback period

Question

Quizplus · Accepted Answer

Sales forecast is most likely to be determined first while analyzing the financial aspects of the product as it helps in estimating the revenue and profitability of the product. Net present value, internal rate of return, and payback period are calculated later in the financial analysis process.

In the New Product Development Process,which of the Following Is