refines product based on assessment made; markets products
Quiz by ALFREDO PINTO
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7 questions
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- Q1What is the next step after assessing a product and refining it?Market the productCancel the productManufacture the productTest the product30s
- Q2What is the purpose of refining a product based on an assessment?Improve the product's quality or featuresChange the product's designIncrease the product's availabilityReduce the product's cost30s
- Q3What does it mean to market a product?Promote and sell the productProduce the productDesign the productAssess the product30s
- Q4What is the main purpose of segmenting a market?Increase competitionReduce costsExpand product varietyTarget specific customer groups30s
- Q5What is the primary goal of assessing a product?Generate sales revenueDevelop marketing strategiesIdentify strengths and weaknessesIncrease production efficiency30s
- Q6What is the purpose of conducting market research?Determine product pricingRefine product designDevelop marketing campaignsGather information about customer preferences and trends30s
- Q7What is the role of product refinement in the development process?Increase production efficiencyImprove the product's functionality and performanceGenerate sales revenueDetermine product pricing30s