Generation Millennium Computer Co.is trying to test a new product concept.It would be normal for the company to do ____________.
A) Ask consumers if they would but this product and ask how much are they willing to pay
B) Ask consumers if they like would like changes in the new product design
C) Ask consumers if they perceive the product to be different from other products on the market
D) All of the above
E) None of the above

Question

Quizplus · Accepted Answer

To test a new product concept, it is important to understand consumer behavior and preferences. Asking consumers if they would buy the product and at what price would give valuable insights into demand and pricing strategy. Asking if they would like changes in the product design would help in improving the product and making it more appealing to consumers. And asking if the product is perceived as different from other products on the market would help in understanding market positioning and potential competitive advantage. Therefore, all of the above options are necessary for testing a new product concept.