Ask Question
BusinessBusiness
27 March, 02:02

The product development team for a company's new social media app is creating a business case and analyzing the results. They have discovered that the product will make money. What other question should they answer?

+1
Answers (1)
  1. 27 March, 02:35
    0
    The target audience and how to get them

    Explanation:

    After creating a business case and analyzing the results the level of profitability or non-profitability of the business can be determined but i other to be truly profitable the next question should be; 'who is our target audience' and also where can we actively engage them i. e what platforms can we find them.

    The product development team in the question after developing a new social media app for the business should try and figure out who the target audience should be and also how to get them into using the app created
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The product development team for a company's new social media app is creating a business case and analyzing the results. They have ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Dockside Warehouse has net working capital of $42,400, total assets of $519,300, and net fixed assets of $380,200. What is the value of the current liabilities? A) $61,700 B) $88,40000 C) $102,900 D) $96,700 E) $111,500
Answers (1)
4. Were you impressed to see how average people have used the speaker's invention to create new ways of doing things? Explain, citing one example that made the biggest impression on you.
Answers (1)
If monopolistically competitive firms in an industry are making an economic profit, then new firms will enter the industry and the product demand facing existing firms will: a Increase b. Become less elastic c. Not be affected at all d. Decrease
Answers (1)
Which part of the management of an organization would be MOST involved with strategic leadership?
Answers (1)
You would like to establish a fund that will be used to offer a scholarship each year to a worthy student at your alma mater. You would like the total annual award to be $5,000, with the first award to be presented next year.
Answers (1)
New Questions in Business
Who controls the supply for coffe shops and beses on what factors
Answers (1)
What is an oligopoly? a. an agreement by a formal organization of producers to coordinate prices and production b. a market structure in which a few large firms dominate the market c. a market structure in which two firms have a price war d.
Answers (2)
Bradley, an employee at Symphony Inc., noticed his colleague, Adriana, stealing office supplies from the office. He placed an anonymous call to upper management to inform them about Adriana's unethical behavior.
Answers (1)
There are approximately 900,000 television households in the San Diego County market. During a Sunday afternoon in October, 50 percent of the households had their television sets turned on and 200,000 were watching a football game.
Answers (1)
Suppose Jack steals a truckload of Sony​ high-definition televisions that are owned by Electronics Store. The thief resells the televisions to​ City-Mart, which does not know that the goods were stolen.
Answers (1)
Home » Business » The product development team for a company's new social media app is creating a business case and analyzing the results. They have discovered that the product will make money. What other question should they answer?
Sign Up Forgot Password?