A Review of the Sales, Costs, and Profit Projections for a New

question 105

Multiple Choice

A review of the sales, costs, and profit projections for a new product to find out whether they satisfy the company's objectives is called a ________.

• A) business feasibility plan
• B) marketing strategy development
• C) business analysis
• D) product acceptance
• E) business proposal

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Definitions:

Crops

Plants cultivated by agriculturalists for use as food, feed, fiber, or fuel.

Trade Name

The name under which a business operates and is known to the public, distinct from the company's legal name.

Franchise

A business arrangement between an owner of a trade name or trademark and a person who sells goods or services under the trade name or trademark.

Trademark

A symbol, word, or phrase legally registered or established by use as representing a company or product.