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krek1111 [17]
3 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]3 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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High return on an investment is associated with high risks.
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People who are especially susceptible to compassion fatigue have a high capacity for which of the following emotions?
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In a business plan proposal, what is an example of Investment requirements &Interest Cost?
Rom4ik [11]

Answer:

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1 year ago
Gallerani Corporation has received a request for a special order of 4,300 units of product A90 for $26.90 each. Product A90's un
Ksivusya [100]

Answer:

Effect on income= $4,875 increase

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Giving the following formula:

Production costs:

Direct materials$2.55

Direct labor 7.85

Variable manufacturing overhead 6.95

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Special offer:

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<u>Because it is a special offer and there is unused capacity, we will take into account only the incremental fixed costs.</u>

<u></u>

<u>To calculate the effect on income, we need to use the following formula:</u>

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4 0
2 years ago
In the federal budget, national parks and federal prisons are examples of __________.
astraxan [27]

In the federal budget, national parks and federal prisons are examples of mandatory spending.

<h3>What is meant by mandatory spending?</h3>

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Major budgetary trends are significantly influenced by mandatory spending. As more people become eligible for required programs like unemployment insurance and income security programs during economic downturns, government revenues decline and spending rises, leading to an increase in deficits or a decrease in surpluses.

Spending on entitlement programs and a few other payments to individuals, companies, and state and local governments are examples of mandatory or direct spending. Ordinarily, mandatory spending is not determined by annual appropriation acts but rather by statutory requirements.

To learn more about mandatory spending refer to:

brainly.com/question/3652550

#SPJ4

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1 year ago
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