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ser-zykov [4K]
3 years ago
13

What is the meaning of market testing?

Business
2 answers:
egoroff_w [7]3 years ago
8 0

Answer:

B

Explanation:

swat323 years ago
5 0

Answer:

The correct option is;

B. Performing a premarket test before venturing into full-scale production

Explanation:

Market testing is the process of appraising the different scenarios and arrangements that can be encountered and the selection of the most appropriate arrangement that is most favorable for expansion

Market testing involves trials made to answer the following questions;

The level of demand for the marketed  product

The customers demanding the product, and customer opinion about the product, compared to those of the competitor

The expected level of sales

The best form of advertising

The legal requirements

The competitors in the market

Other market reactions to product launch

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Read the following descriptions of several different environments. Based on the information given, sort each environment into th
Varvara68 [4.7K]

Answer:

Have been mechanical weathering to prevail.

A chilly, humid atmosphere at high altitude, where freezing and thawing are prevalent.

An uplifting dry cold atmosphere wherein material is eliminated out of an inherent pluton / intrusive igneous rock by erosion.

Weathering of chemicals would prevail.

A warm atmosphere with several brief but intense rain storms. A warm and humid atmosphere with intense rainfall that happens all year round.

A warm and wet atmosphere with annual precipitation above normal and many turbulent seasons annually.

6 0
3 years ago
Consider the Northern California territory of Nova generates a sales revenue of $320,000 with four salespeople. The territory ac
antoniya [11.8K]

Answer: e)5% and $80,000

Explanation:

$320,000 was generated by the salespeople in this territory.

This territory comprises 10% of a $64 million market.

Territory comprises of = 10% * 64,000,000 = $6,400,000

Their market share is therefore;

= \frac{320,000}{6,400,000} * 100%

= 5%

Four people made sales of $320,000.

Their productivity = \frac{320,000}{4}

= $80,000

8 0
3 years ago
Jasmine started a new business in the current year. She incurred $18,000 of start-up costs. How much of the start-up costs can b
liq [111]

Answer:

$5,000

Explanation:

According to the Internal Revenue Service, the amount of deduction for startup costs would be limited to $5,000 if the startup costs are $50,000 or less

However, if the start-up costs were more than $50,000, the deduction would be decreased by the dollar amount.

Since in the given scenario, the $18,000 is the startup cost so she is eligible for the deduction of $5,000

5 0
4 years ago
The market equilibrium A. occurs only when consumer surplus exceeds producer surplus. B. minimizes the profit of the market beca
BabaBlast [244]
D)
Market equilibrium occurs when supply = demand
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3 years ago
Examine how businesses can be organized and structured in general
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Sole proprietorship
Partnership
Incorporation
4 0
4 years ago
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