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In: Finance

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

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

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