Which element is typically found in a Market Requirements Document (MRD)?

The selection of option B as the correct element typically found in a Market Requirements Document (MRD) is appropriate because MRDs are fundamentally structured to communicate key market insights and outline the fundamental requirements of a product from a market perspective. This includes defining the target customers, which allows the development team and stakeholders to understand who the product is intended for, ensuring that features and functionalities align with customer needs. Additionally, engineering reviews may be included to discuss how the stated requirements can be realistically implemented, ensuring that technical feasibility aligns with market demands.

In contrast, technical specifications alone, as mentioned in another option, are more aligned with a Product Requirements Document (PRD), which focuses on detailed product specifications rather than the broader market context. Executive summaries are useful documents but usually serve as overviews and are not specific to the detailed customer and market analysis that characterizes an MRD. Budget forecasts are crucial for project management and budgeting but are not typically a core component of an MRD, which emphasizes understanding market needs rather than financial projections.