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1. What is the difference between top-down budgeting and bottom-up budgeting concepts? When would you use one concept versus another? Based on your experience, which one is more effective and why?
2. What is meant by crashing a project and what effect does this have on the budget?
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Broaden market definitions to find opportunities Broader market definitions—including both generic market definitions and product-market definitions—can help firms find opport
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Explain, analyze, and apply these concepts in a larger context: Identify several factors that relate to a product’s success and discuss why these factors are positively or neg
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