35.1k views
1 vote
The second column in a gap analysis is devoted to listing the market need.
t
f

1 Answer

4 votes

Final answer:

In a gap analysis, the second column is for listing market needs part of defining the problem, which includes understanding customer needs, competitor positions, and project constraints.

Step-by-step explanation:

A gap analysis is a tool used in business to assess the difference between the current state and desirable future state of a company's performance. When defining the problem in a gap analysis, the second column is typically where the market need is detailed. This involves investigating potential customer needs, identifying competitors, evaluating market positions, considering government and technological constraints, and understanding the project's resources, including personnel, time, and funds.

The process results in a clear problem statement and helps establish criteria and constraints for the design effort. A detailed design, encompassing market analysis and physical component specifications, relies on the foundation built during the gap analysis phase.

User Erik MC
by
8.5k points