Question

The new-product process stage of market testing involves which two items? Multiple select question. using realistic purchase conditions to see if consumers will buy launching full-scale production for the product ensuring the product meets the standards established by the protocol exposing actual products to prospective consumers

Answer 1

The new-product process stage of market testing involves  two items -

• Using realistic purchase conditions to see if consumers will buy
• Exposing actual products to prospective consumers

• To find out how well a product, service, or offering will perform, one can conduct market research.

• It often consists of research studies that seek to provide answers to concerns about how the market will respond to the introduction of the product.
• Convenience goods, shopping goods, specialty products, and unsought goods are the four categories of products, and each is categorized according to consumer preferences, pricing, and product features.
• Let's explore each of them in more depth.

How many steps are in the new product development process multiple choice question?

• The process of bringing a brand-new product idea to market is known as new product development (NPD).
• It can be roughly divided into seven stages: ideation, research, planning, prototype, sourcing, costing, and commercialization, though it varies by industry.

Learn more about new product development (NPD) brainly.com/question/26679051

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