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krek1111 [17]
4 years ago
6

___________testing helps an organization determine early in the new-product process how the customer may perceive the product, a

s well as who would use it and how, before additional investment is made.
Business
1 answer:
Valentin [98]4 years ago
8 0

Answer:

Concept testing

Explanation:

Concept Testing: This is e process by which details, attributes and benefits of a new product are presented to the customers to get feedback from them before additional investment is made. It is used to determine whether a new product will be accepted in the market or not before making more investment commitment towards the product.

Concept testing also refers to the process of using both qualitative and quantitative method to evaluate customer's reaction towards a new product. Concept testing focuses on collecting data or information from prospective customers about a new product before the product is made available in the market.

Instrument such as questionnaire is used to collect data during concept testing.

It is worthy of note to know that the instrument used in concept testing should be of high quality in order to achieve the best results.

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How long will it take money to double if compounded continuously
allsm [11]

Answer:

The basic rule of 72 says the initial investment will double in 3.27 years.

7 0
2 years ago
Burns Medicine Shop developed a website where customers could ask the pharmacists questions and could refill prescriptions onlin
daser333 [38]

Answer:

Option d: No statutes presently require websites to have or disclose a privacy policy.

Explanation:

A Privacy Policy

This is simply defined a legal document written statement that gives a clear description of how a company or website takes, analyse, handles and processes data of its customers mostly and a visitors. It gives or describes if the information is hidden.

Privacy laws in the world simply collect personal information from the website visitors, it is usually available with your mobile app. There has been no power put in place or statutes that require websites to have or disclose a privacy policy.

3 0
3 years ago
You run a school in Florida. Fixed monthly cost is $5,835.00 for rent and utilities, $5,906.00 is spent in salaries and $1,061.0
olga55 [171]

Answer: 1.621

Explanation:

The old charge per student was $678 per month

The new charge is $1,099.

The percent of the new charge compared to the old according to the question methodology is:

= New charge per student / old charge per student

= 1,099/678

= 1.621

3 0
3 years ago
White Company's wages payable account had a beginning balance of $3,757 and an ending balance of $2,070. During the year, wages
borishaifa [10]

Answer:

the amount paid during the year is $16,875

Explanation:

The computation of the amount paid during the year is shown below:

Opening Balance $3,757

Add: Wages expense $15,188

Less: Closing Balance -$2,070

Amount Paid $16,875

Hence, the amount paid during the year is $16,875

We simply applied the above formula so that the correct value could come

And, the same is to be considered

7 0
3 years ago
Joe wants to be able to purchase a dream car on January 1,2004, just after he graduates from college. Joe has had a part time jo
Bad White [126]

Answer:

FV= $46,031.45

Explanation:

Giving the following information:

Monthly deposit= $450

Number of months= 59

Interest rate= 0.21/12= 0.0175

To calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {450*[(1.0175^59) - 1]} / 0.0175 + 450

FV= $46,031.45

5 0
4 years ago
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