Answered

Join IDNLearn.com and become part of a knowledge-sharing community that thrives on curiosity. Discover prompt and accurate answers from our experts, ensuring you get the information you need quickly.

When Chevy drew inspiration from Tesla to develop its electric vehicle, the Bolt, it was an example of using Blank______ for new product-ideas.

Sagot :

Bharathparasad577idn

When Chevy drew inspiration from Tesla to develop its electric vehicle, the Bolt, it was an example of using competitive product ideas for new product-ideas.

  • Competitive items are those that your target market may prefer to yours over. How close a competing product's features and solutions are to your own can help you spot it. Competitive goods may consist of: things that are tangible, like clothing and toys.
  • A product idea is a design or strategy for a brand-new good that a business can create and sell in a specific market. It describes the item's function, features, and certain important design components. A manufacturer will employ the final design to construct the product, therefore many product concepts will include mechanical or engineering components.
  • A competitive strategy is a long-term marketing plan created by businesses to protect their position in the market and obtain a competitive edge.

Thus this is the answer.

To learn more about Competitive Products, refer:https://brainly.com/question/25754149

#SPJ4

We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. IDNLearn.com has the solutions to your questions. Thanks for stopping by, and come back for more insightful information.