Conclusion
As observed, the engineering/technology of the product alone cannot foretell if the product is going to be successful. Accounting/finance criteria have to be met in order for it to be profitable. Market research, initial cost assessment, financing requirements, budgetary planning and control, all of these have to be carried out before the project even reaches the development phase. In the case stated above, Concorde had the latest technology in engineering and design yet it did not manage to provide a profitable outcome. Hence engineering/technology is greatly dependable upon accounting and finance.