Which of the following statements about the idea evaluation step is false?
A) Companies can often estimate likely costs, revenue, and profitability at this stage.
B) Product planners can compare the cost advantages and limitations of a new product with those currently being used.
C) Product tests with customers are used to revise the early versions of the product.
D) This step should gather enough information to help decide whether there is an opportunity.
E) None of these statements is false.
Correct Answer:
Verified
Q199: Getting reactions from customers about how well
Q200: Concept testing:
A) takes place during the screening
Q201: Which of the following activities is NOT
Q202: In its efforts to support new-product development
Q203: Full-scale market tests:
A) Are unrealistic because they
Q205: Gradual "rollouts" are characteristic of which step
Q206: When a market test for a new
Q207: The legal obligation of sellers to pay
Q208: Which of the following statements about the
Q209: During the development step of new product
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