Which of the Following Is an Internal Source for Product

question 78

Multiple Choice

Which of the following is an internal source for product ideas?

• A) management
• B) industry experts
• C) competitors
• D) inventors
• E) customers

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Definitions:

Traditional Marketplace

A physical market location where goods and services are exchanged between buyers and sellers in a conventional manner.

Virtual Mall

An online marketplace that mimics a traditional shopping mall, allowing users to browse and shop from multiple retailers in a single digital space.

Time Utility

The enhancement of a product's or service's value by making it available at a time that is convenient or desirable for consumers.

Place Utility

The value added to products by having them in a location where they are accessible to potential buyers.