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During which step of the product development stage does a company conduct market research on benefits and prices?
Conventional Tests
Standardized assessments traditionally used in educational or psychological settings to measure abilities, aptitude, or mental health.
Ethnic Differences
Variations in customs, norms, and social behaviors among different ethnic or racial groups.
Cultural
Related to the ideas, customs, social behaviors, products, or way of life of a particular society, group, place, or time.
Environmental
Pertaining to the natural world and the impact of human activity on its condition.
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