Which of the following statements is true regarding a commercialized concept statement?
A)It presents the concept statement in promotional style.
B)It presents the product concept with the help of physical prototypes.
C)It includes financial details related to the new product,like budget allocation and expected profit.
D)A commercialized concept statement is developed during the launch phase.

Question

Quizplus · Accepted Answer

A commercialized concept statement is designed to present the concept in a promotional style to gauge consumer interest and potential marketability.

Which of the Following Statements Is True Regarding a Commercialized