What is the first and most important question to ask when evaluating product-market opportunities?
A) "How does it fit with our objectives and resources?"
B) "What is the sales forecast for this product?"
C) "How much profit will we make this year?"
D) "How much do we need to invest in this product?"
E) "How far along is our research and development effort in this area?"
Correct Answer:
Verified
Q311: One way marketers can screen for opportunities
Q313: Product-market screening criteria should be
A)quantitative.
B)qualitative.
C)realistic and achievable.
D)All
Q316: A firm's product-market screening criteria for evaluating
Q317: Which of the following is true about
Q318: When a firm has multiple market opportunities
Q319: When using screening criteria to evaluate opportunities,
A)marketers
Q320: Using General Electric's strategic planning grid,an opportunity
Q324: When evaluating the potential of possible opportunities
Q339: All of the following are examples of
Q342: General Electric's "strategic planning grid" is an
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