Steve wanted to open a day care service facility for dogs. He estimated the costs involved in providing the services desired by dog owners. After extensive deliberation, Steve decided not to proceed with the plan as the cost of providing the services was too high compared to the rates dog owners would be willing to pay. Which of the following stages of the new-product development process has Steve used to arrive at this decision? A. Idea screening. B. Business analysis. C. Idea generation. D. Test marketing.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Steve wanted to open a day care service facility for dogs. He estimated the costs involved in providing the services desired by dog owners. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
An economy's output, in essence, is also equal to its income because a. Producers sell all of the goods that they produce to consumers. b. It is required by law that this be so. c.
Answers (1)
A print advertisement must have a. catchy music. b. visual appeal. c. clear enunciation. d. interesting action.
Answers (1)
If the stadium made $2,150,000 last year for sports events but only made $1,650,000 this year, what is the percentage decrease in profit? a) 0 percent b) 23 percent c) 35 percent d) 50 percent
Answers (1)
Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department.
Answers (1)
Which of the following accounts will give u the least access to your money
Answers (2)
New Questions in Business
Sheridan company offers its customers a pottery cereal bowl if they send in 3 boxtops from Sheridan Frosted Flakes boxes and $1. The company estimates that 60% of the boxtops will be redeemed.
Answers (1)
Kelly Realty loaned money and received the following notes during 2018:Note Date Principal Amount Interest Rate Term (1) Oct. 1 $28,000 6% 1 year (2) Jun. 30 22,000 10% 9 months (3) Sep. 19 14,000 14% 90 daysRequired:1.
Answers (1)
A method of distributing a firm's earnings to shareholders such that the shareholders can select when they want to claim the income for tax purposes is a:
Answers (1)
Parker Inc. is obligated to pay its creditors $33,333 very soon. If the market value of the firm's assets equals $49,700, calculate the residual value owed to the shareholders.
Answers (1)
Monopolistic competition is similar to perfect competition in that: Select one: a. there are a large number of firms b. firms earn economic profits in the long run c. firms face downward-sloping demand curves
Answers (1)