The first problem an entrepreneur needs to resolve during the process of developing a new product is?

Question: The first problem an entrepreneur needs to resolve during the process of developing a new product is?

The first problem an entrepreneur needs to resolve during the process of developing a new product is identifying a market need or problem that the product can address. Without a clear understanding of the customer's pain points, desires, or unmet needs, it is difficult to develop a product that will succeed in the market. The entrepreneur needs to conduct market research, gather customer feedback, and analyze industry trends to identify the gap in the market that the product can fill. Once this problem is identified, the entrepreneur can then begin to develop a product that addresses the identified need.

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