ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following does product testing accomplish?
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determines where there are competing or alternative products that work better
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shows if there are improvements or added features needed before it launches
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identifies which product might be the most successful
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all of the above
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Explanation:
Detailed explanation-1: -A company can perform product testing at any product creation step, including the idea, development, and manufacturing phases. Before launching a new product to the market, corporations should do at least one cycle of testing, if not more.
Detailed explanation-2: -Making solid business decisions. Securing funding from investors. Determining new business opportunities. Avoiding business failures. 05-Feb-2015
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