Answer :
It is true that historical analogies are useful for forecasting new products with similar growth patterns and concepts of previous work.
What is Historical analogies?
Historical analogies can be described as the claim which stressed that two events or phenomena separated by time, as well as space, are been considered to be similar in essential ways.
It is a way in which History is repeating itself' which can be prominent idea that can be used, hence It is true that historical analogies are useful for forecasting new products with similar growth patterns and concepts of previous work.
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