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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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Answer:

Y = C + I + G + NX

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3 years ago
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Answer:

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hope this helps

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2 years ago
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