A product concept is defined as ________.
A) a product idea that is at the stage of brainstorming
B) a detailed version of the idea stated in meaningful consumer terms
C) the way consumers perceive an actual or potential product
D) an idea for a possible product that the company can see itself offering to the market
E) an idea for a possible product design that was implemented without screening
Correct Answer:
Verified
Q6: Once the product or service passes the
Q7: A review of the sales,costs,and profit projections
Q8: Immediately after concept testing,a firm would engage
Q9: Which of the following represents an external
Q10: In the _ stage,an executive creates a
Q12: Quest Inc.has recently conducted a brainstorming session
Q13: New-product development starts with the step of
Q14: Which of the following statements is true
Q15: Felix Solutions is a market leader in
Q16: A _ is the way consumers perceive
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