In order for a firm to successfully make a new product out of a competitor's product, that firm must engage in
Blank
______ to figure out how to bring an improved version to the market.

Question

In order for a firm to successfully make a new product out of a competitor's product, that firm must engage in 
Blank
______ to figure out how to bring an improved version to the market.

BlackTom AI · Accepted Answer

Let’s break down the question and each answer option to understand which approach fits the scenario described.
Option 1: 'competitor's engineering' — This phrase suggests focusing on the engineering work done by the competitor, but it’s imprecise for the purpose of understanding how to bring an improved version to market. It implies a generic or broad look at engineering activities rather than a systematic method to study an existing product's design in order to replicate or enhance it.
Option 2: 'competitor's products' — Merely examining the competitor’s products might reveal features or performance, but it does not specify the deliberate procedure used to deconstruct a product to reproduce or improve it. It’s too vague and misses the analytical process needed to derive a new version.
Option 3: 'reverse engineering' — This term describes the deliberate process of deconstructing a product to understand its components, architecture, and functioning so that an improved version can be developed for the market. It directly matches the activity of studying a competitor’s product to figure out how to bring an enhanced version to market, making it the most fitting option.
Option 4: 'research analysis' — While analysis is a broad part of product development, 'research analysis' is not a standard label for the specific practice of examining a competitor’s product to recreate or improve it. It’s too generic and doesn’t capture the target method described in the prompt.
In summary, option 3 aligns with the established practice used to study a rival product in order to develop an upgraded version for release, whereas the other choices either lack specificity or describe broader concepts that don’t pinpoint the exact process demanded by the scenario.

In order for a firm to successfully make a new product out of a competitor's product, that firm must engage in Blank ______ to figure out how to bring an improved version to the market.

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