Question: One element of the product development process specifies a new product's basic characteristics, benefits, fees and charges, any limitations on issuing policies, and operational and

One element of the product development process specifies a new product's basic characteristics, benefits, fees and charges, any limitations on issuing policies, and operational and administrative requirements such as underwriting guidelines. This element is known as

product design objectives

market analysis

a feasibility study

a marketing plan

One element of the product development process specifies a new product's

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