Colorado General Assembly.
Answer:
Finance Learning Corporation
Explanation:
Answer:
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The new-product process stage of market testing involves two items -
- Using realistic purchase conditions to see if consumers will buy
- Exposing actual products to prospective consumers
- To find out how well a product, service, or offering will perform, one can conduct market research.
- It often consists of research studies that seek to provide answers to concerns about how the market will respond to the introduction of the product.
- Convenience goods, shopping goods, specialty products, and unsought goods are the four categories of products, and each is categorized according to consumer preferences, pricing, and product features.
- Let's explore each of them in more depth.
How many steps are in the new product development process multiple choice question?
- The process of bringing a brand-new product idea to market is known as new product development (NPD).
- It can be roughly divided into seven stages: ideation, research, planning, prototype, sourcing, costing, and commercialization, though it varies by industry.
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Answer:
It represents the Integration stage
Explanation:
Money laundering is an illegal chain of activities done by individuals or corporate bodies to change the status of money gotten through a criminal activity into legitimate money. This chain of activities starts with the Placement stage then transforms into the Layering stage, then ends when it is already integrated into the legitimate financial system through the Integration stage.
After the money launderer conceals the illegal money through bank deposits or purchasing a life insurance policy at the Placement stage, the launderer then proceeds to further break the money into smaller amounts to evade suspicion by numerous transactions and bank deposits at the Layering stage, which is then ended by partial or whole surrenders of life insurance policies to make it now legitimate money.