1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
madam [21]
3 years ago
11

___________ is a process used to test consumer reactions about a product among potential users.

Business
2 answers:
dmitriy555 [2]3 years ago
8 0

<span>Test marketing is a process used to test consumer reactions about a product among potential users. It is a test directed in a test market composing of actual situations and stores, with the buyers didn’t know that they are in the middle of an assessment test. It is used to check how a customer reacts to the product.</span>

dolphi86 [110]3 years ago
5 0
<span>Test marketing is a process used to test consumer reactions about a product among potential users. When a business redevelops a product or develops a new product, they typically gather together a test market or audience to test the product with. They allow each consumer to use and try out the product and then receive feedback from them. Their overall goal is to make sure they are developing a sound product that meets the needs of their audience. </span>
You might be interested in
Explain the importance of benefits on employee retention
victus00 [196]
Employees that enjoy what they do and the atmosphere in which they work are more likely to remain employed with their company. Retention strategies are important because they help create a positive work environment and strengthen an employee's commitment to the organization. By giving employees more perks, more money, and more benefits, you will increase morale.
6 0
3 years ago
a consumers goal in buying a good or service is to get the most out of his or her income, or to maximize total utility. this is
PilotLPTM [1.2K]
Surving in the new age world
3 0
3 years ago
True or False: If people have rational expectations, the sacrifice ratio could be much smaller than suggested by the short-run P
Simora [160]

People often have different expectations. If people have rational expectations, the sacrifice ratio could be much smaller than suggested by the short-run Phillips curve is a false a statement.

  • The sacrifice ratio is said to be smaller than suggested by former estimates. The short-run phillips curve will ten to shift downward and the economy would reach low inflation very fast.

Rational expectations  is known to be an economic theory. It simply states that when making decisions, individual agents will capitalize their decisions on the information that is best and available and they also learn from past trends.

Learn more from

brainly.com/question/20345500

7 0
2 years ago
Eggs, toilet paper, and candy bars are examples of what kind of good?
lawyer [7]
Its convenience goods
6 0
3 years ago
Read 2 more answers
Instruction: Read each question, then select your answer choice.
MArishka [77]

Answer:

<h2>Physical Resourcers</h2>

Explanation:

8 0
2 years ago
Read 2 more answers
Other questions:
  • On August 8, 2013, Holly purchased a residential apartment building. The cost basis assigned to the building is $800,000. Holly
    12·1 answer
  • The relationship between two variables that are unrelated can be shown by​ ______.
    8·1 answer
  • The information security function can be placed within the
    10·1 answer
  • g Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold
    7·1 answer
  • Reasons why South African post office taking private courier companies to court​
    14·1 answer
  • Sam and Sally Green have a standard homeowners policy with no endorsements. The dwelling is insured for its full value. Indicate
    14·1 answer
  • Data collected in a survey:
    7·2 answers
  • Insurance is only used by businesses True or False
    14·1 answer
  • Marie purchases a test to use for customer service representative applicants. The vendor that sells her the test explains that t
    13·1 answer
  • .A monopolistically competitive firm is operating at a short-run level of output where price is $30, average total cost is $27,
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!