All of the Following Are Disadvantages of Test Marketing EXCEPT

question 41

Multiple Choice

All of the following are disadvantages of test marketing EXCEPT that test marketing ________.

• A) is typically expensive
• B) can be time consuming
• C) enables competitors to gain advantages
• D) encourages dishonesty among participants
• E) fails to guarantee product success in the market

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Definitions:

Internal Equilibrium

A state of balance within a system, especially regarding biological or chemical processes in living organisms.

Positive Feedback

A mechanism in which the output of a system amplifies the system or increases its output.

Thermoregulatory Maximum

The maximum capacity of an organism to maintain its core internal temperature within an optimal range, despite external temperature fluctuations.

Set Point

A general term for the level at which negative feedback tries to maintain stability.