1. Explain prospect theory. Give 1 real-life example to illustrate how the theory works. 2. Explain how...

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Finance

1. Explain prospect theory. Give 1 real-life example toillustrate how the theory works.
2. Explain how organizations conduct capability analysis whendeveloping a new
product. Give 1 example to illustrate your answer.
3. Discuss the customer adoption model of new products. Give 1example to illustrate
your answer.
4. Discuss the design spectrum; give an example to illustrateyour answer.

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1. Explain prospect theory. Give 1 real-life example toillustrate how the theory works.2. Explain how organizations conduct capability analysis whendeveloping a newproduct. Give 1 example to illustrate your answer.3. Discuss the customer adoption model of new products. Give 1example to illustrateyour answer.4. Discuss the design spectrum; give an example to illustrateyour answer.

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