Given that financial analyses are badly needed by firms for evaluating new product concepts and that good analyses are difficult to make,a manager can take all of the following steps to overcome this problem EXCEPT:
A)improve the new product process currently in use.
B)use the life cycle concept of financial analysis.
C)reduce dependence on poor forecasts.
D)focus the financial analysis at one particular point.

Question

Quizplus · Accepted Answer

Focusing the financial analysis at one particular point does not address the overall challenge of making good analyses, as it limits the scope and may miss important variables and trends over time.

Given That Financial Analyses Are Badly Needed by Firms for Evaluating