Market Testing Is Used to Pilot Run a New Service

question 7

True/False

Market testing is used to pilot run a new service to be sure the operational details are functioning smoothly.

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Definitions:

Prospects Office

The workplace or business location of a potential customer or client who may be interested in purchasing goods or services.

Appointment Time

The scheduled date and time agreed upon for a meeting or sales call between a salesperson and a potential client.

Non-selling Time

A period where sales activities are not being performed, often involving administrative or preparatory work.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company.