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Anna71 [15]
3 years ago
11

What is a test market? A small-scale introduction of a product to a specific area Environment which evaluates product ideas and

feasibility Selected groups of people used to analyze and test the concept of a given product Gathering input, decisions and work from businesses and individuals outside the actual company
Business
1 answer:
Oksi-84 [34.3K]3 years ago
6 0

Selected groups of people used to analyze and test the concept of a given product.

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Portillo's Fast Food restaurants are changing their hot dog vendor. The company has realized that in order to stay competitive,
Georgia [21]

Answer: supplier search

Explanation:

Portillo's Fast Food restaurants are in the supplier search stage in the business buying process. The supplier search refers to the stage of the business buying process whereby the buyer or the company seeks the best suppliers or vendors.

The company can compile a list of suppliers and make a research about them to know the one that's most appropriate to carry out the job at hand and will be most effective and efficient. This can be infered from the question as Portillo's is looking for a vendor that can provide a product according to its new specifications at a price that is less than what it was paying in the past.

8 0
2 years ago
When writing recommendation​ letters, you should​ ________.
Natasha2012 [34]
A i think the answer is a correct me if wrong plz

8 0
3 years ago
Have you ever purchased something based on the recommendation of a social media influencer? If so, explain what you purchased, w
just olya [345]

Answer:

I actually bought the benefit cosmetics roller lash mascara because of an IG influencer's high rating of the product. I don't remember exactly who the influencer was, but she was very popular. I trusted her reccomendation because of her popularity and status. I ended up disliking the mascara, and now I usually only get reccomendations from people I actually know.

Explanation:

Hope this helps!

3 0
3 years ago
Retained earnings is the amount of cash that has been generated by the firm through its operations but has not been paid out to
Alex17521 [72]

Answer:

False

Explanation:

Retained earnings are not always kept in cash, there is no practical reason for it. Usually the corporation will use retained earning to finance future investment projects (so they don't need to borrow money) that will allow them to grow or expand, so most retained earnings are investing in something else and not held as cash.

4 0
3 years ago
Read 2 more answers
A company must decide the number of machines it should buy to satisfy its demand. The machine will operate 60 minutes per hour,
Mademuasel [1]

Answer:

A

Explanation:

it's a because the processing time required by product 1,2 and 3 using machine type 1

6 0
3 years ago
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