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Which of the Following Statements Is True of Simulated Market

Question 40

Multiple Choice

Which of the following statements is true of simulated market testing?


A) It is often conducted on prototype models during the development stage.
B) It is a useful tool for implementing simultaneous product development.
C) It is the final stage in the new-product development and marketing process.
D) It is used to monitor shopper behavior to assess a product's performance.

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