All of the following are broad uses of test-markets EXCEPT:
A) forecasting the success of a newly developed product
B) testing hypotheses about different options for marketing mix elements
C) identifying weaknesses in product designs or marketing strategies
D) determining the suppliers of raw materials used in the production of the product
Correct Answer:
Verified
Q28: The percentage of target market customers who
Q29: In computing estimated market share for products
Q30: Which of the following is a disadvantage
Q31: If a product is tried by 20
Q32: The average test-market requires about:
A)one month
B)six months
C)twelve
Q34: A scientific procedure that allows a new
Q35: If salespeople in a test-market city spend
Q36: When the gender of respondents (male,female)is thought
Q37: A test-market that is too _ may
Q38: Factorial designs allow researchers to measure interaction
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