Case Problem A Business Project Proposal - The Technical Approach

ABC Company is a manufacturing firm specializing in the production of electronic devices. The company has identified an opportunity to expand its product line by developing a new electronic device that can monitor and control home appliances remotely. The company has prepared a business project proposal and is seeking approval from its stakeholders. The proposal outlines the technical approach to developing the new electronic device.

Question: What is the technical approach to developing the new electronic device, and how will it help ABC Company achieve its business objectives?