All of the Following Are Disadvantages of Test-Marketing EXCEPT

question 38

Multiple Choice

All of the following are disadvantages of test-marketing EXCEPT?

• A) time
• B) cost
• C) loss of secrecy
• D) real world setting

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Definitions:

Legal Agent

A person authorized to act on behalf of another person or entity in legal or financial matters.

Payment

The transfer of money or goods from one party to another as compensation for receiving goods, services, or to fulfill a legal obligation.

Acceptance of Goods

The act of receiving a product or service and agreeing that it meets the contractual specifications and requirements.

Environmentally Preferable Purchasing (EPP) Program

A procurement policy that emphasizes buying products and services with a reduced environmental impact.