What is market requirements document in SAP ORG-LX-T9N - Team: Corporate Translation?

SAP Term: market requirements document

• Component: ORG-LX-T9N

• Component Name: Team: Corporate Translation

• Description: A document that lays out the business needs from a purely business perspective and analyzes the potential market, the competitve situation , and describes a go-to-market strategy. In contrast, the engineering response document ERD responds to the business requirements from technical perspective.

Smart SAP Assistant

• Key Concepts: 
  A Market Requirements Document (MRD) is a document created by SAP to define the requirements for a particular product or service. It outlines the features, functions, and capabilities that are needed to meet customer needs and expectations. The MRD is used to guide the development of the product or service and ensure that it meets the customer's needs. 
  
  How to use it: 
  The MRD should be used as a reference document when developing a product or service. It should be used to ensure that all requirements are met and that the product or service meets customer expectations. The MRD should also be used to identify any potential risks associated with the product or service. 
  
  Tips & Tricks: 
  When creating an MRD, it is important to include all relevant information about the product or service. This includes customer requirements, features, functions, and capabilities. It is also important to include any potential risks associated with the product or service. 
  
  Related Information: 
  The ORG-LX-T9N Team at SAP provides guidance on creating an MRD. They provide templates and best practices for creating an effective MRD. Additionally, they provide resources on how to use an MRD to ensure that a product or service meets customer expectations.