Conducting in-person taste tests and using the Internet to virtually test new concepts are most likely to occur in which stage?
A)internal and external evaluations of new-product ideas
B)business analysis
C)brainstorming
D)budgeting

Question

Quizplus · Accepted Answer

Internal and external evaluations of new-product ideas involve gathering feedback on the feasibility and potential success of new product concepts. Taste tests and virtual testing are commonly used methods of gathering this feedback. Business analysis involves assessing the financial feasibility of a product, brainstorming involves generating new product ideas, and budgeting involves allocating financial resources.

Conducting In-Person Taste Tests and Using the Internet to Virtually