Ask Question
BusinessBusiness
24 January, 20:09

Is the stage where a product and its proposed marketing program are introduced into realistic market settings?

+2
Answers (1)
  1. 24 January, 20:34
    0
    The answer is test marketing.

    Explanation:

    In a test marketing stage, the person responsible would conduct a field experiment for the product and the marketing plan to a select target group most similar to the target market. The purpose is to find out how the consumers react to the product and marketing initiative. This stage is part of the product development cycle, and is commonly conducted for fast moving consumer goods.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Is the stage where a product and its proposed marketing program are introduced into realistic market settings? ...” 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
Santos Co. is preparing a cash budget for February. The company has $12,000 cash at the beginning of February and anticipates $71,000 in cash receipts and $114,000 in cash disbursements during February.
Answers (1)
Dimon Products' sales are expected to be $5 million this year, with 90% on credit and 10% for cash. Sales are expected to grow at a stable, steady rate of 10% annually in the future.
Answers (1)
Save-the-Earth Co. reports the following income statement accounts for the year ended December 31. Sales discounts $ 890 Office salaries expense 3,400 Rent expense-Office space 2,900 Advertising expense 780 Sales returns and allowances 390 Office
Answers (1)
Betsy Union is the Crane Company manager and her performance is evaluated by executive management based on Division ROI. The current controllable margin for Crane Company is 53000. Its current operating assets total $210000.
Answers (1)
Which would be a likely cause of an increase in the demand for pizza? select one: a. a reduced desire for take-out and fast-food dining b. a decrease in the price of pizza c. an increase in the price of pizza d.
Answers (1)
New Questions in Business
a risk averse investor, which of the following four otherwise identical investment would you prefer? A. Security W, which exhibits a standard deviation of 2% and offers an average return of 12%. B.
Answers (1)
n a company's merit pay program, an individual's compa-ratio represents the individual's pay relative to company's average pay for that position. the individual's worth versus that of others in the organization.
Answers (1)
Some interview questions are designed to rattle you to see how you deal with stress. True or false.
Answers (2)
Organizational culture consists of three levels: Select one: a. assumptions, orientations, and beliefs. b. beliefs, values, and artifacts. c. artifacts, assumptions, and beliefs. d. assumptions, artifacts, and values.
Answers (1)
What term refers to a set amount of money kept in the cash register to make change with? A. Excess cash B. Standard cash stock C. Cash drop D. Cash float
Answers (1)
Home » Business » Is the stage where a product and its proposed marketing program are introduced into realistic market settings?
Sign Up Forgot Password?