The product development process consists of 6 steps:
1. Idea generation
2. Concept testing
3. Product development
4. Market testing
5. Product launch
6. Evaluation of results
Given these are the steps of the product development process - the phase where a focus group would most likely happen is phase two concept testing.
When they are concept testing the item, they can bring in people and let them try out the concept model and get their viewpoint on it prior to making the actual item and launching it. A focus group will also provide good feedback on the idea and allow time for the company to make changes if necessary.
Answer:
$25,000
Explanation:
The financial reporting standards are introduced to guide the businesses to practice standard principles so that all perform same accounting practice. International Revenue code IRS has introduced various sections among which section 170 allows small businesses to deduct expense up to a certain limit. There is certain restriction for maximum expense deduction for SUV that is purchased. The maximum expense of $25,000 can be taken for a 6,500 pounds weighted SUV which costs $50,000.
Answer:
bett gurley send it
Explanation:
You never know how things would be if you never try and i'm wishing the best for you foreal you got this just keep ur head up and never surrender and there are many options if things happen to go wrong but i dont think youll need it you got this so just do you frl
Ayy what would ur name be so i could listen when yo blow up
Answer:
The correct answer is:
$80,500 (b.)
Explanation:
First of all, not that total anticipated October sales is the same thing as projected October sales. Therefore, this sale is calculated as follows:
Projected sales = 7,000
unit price = $11.50 per unit
Therefore
Price for 7,000 units = 11.5 × 7,000 = $80,500