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To strengthen its market presence, ABC Group decided to develop a new product.

To strengthen its market presence, ABC Group decided to develop a new product. A cross-functional team was formed to discuss the scope and the functions of the product. They will also survey the potential customers to see what they like, what they love, and what they dislike. What is this process called?

A.

Value analysis

B.

Cash flow analysis

C.

Product standardisation

D.

Value engineering

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