Goblo Chemicals is a Japanese drug manufacturer.The company has spent a considerable amount in R&D to invent a drug that fosters weight loss.The company has tested the product in-house and has now sold the product to a selected group of customers to gauge its demand.The company is in the ________ stage of product development now.

Question

Quizplus · Accepted Answer

A)Test marketing is a product development stage in which a product is sold on a limited basis to gauge its market appeal. Goblo Chemicals is conducting a test marketing in this case.
B)Test marketing is a product development stage in which a product is sold on a limited basis to gauge its market appeal. Goblo Chemicals is conducting a test marketing in this case.
C)Test marketing is a product development stage in which a product is sold on a limited basis to gauge its market appeal. Goblo Chemicals is conducting a test marketing in this case.
D)Test marketing is a product development stage in which a product is sold on a limited basis to gauge its market appeal. Goblo Chemicals is conducting a test marketing in this case.
E)Test marketing is a product development stage in which a product is sold on a limited basis to gauge its market appeal. Goblo Chemicals is conducting a test marketing in this case.

Goblo Chemicals Is a Japanese Drug Manufacturer