Which stage of new product development requires management to estimate minimum and maximum sales to assess the range of risk in launching a new product?

Respuesta :

Answer:

The answer is Business analysis

Explanation:

Business analysis involves looking into the business needs and finding the best possible solutions to business or products' possible problems.

During, business analysis simulations and probabilities are carried out. The potential customers are identified. Maximum sales are worked out and uncertainties that may cause minimum sales are worked out too. Potential risks are identified and possible solutions too are identified.