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"Is the Demand Strong Enough to Justify Entering the Market

question 9

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"Is the demand strong enough to justify entering the market?" is a question that marketers ask during the phase of the new-product development process.


Definitions:

Euthanasia

The practice of intentionally ending a life to relieve pain and suffering, sometimes referred to as "mercy killing".

Terminally Ill

Referring to an incurable disease or condition that is expected to result in the death of the patient within a relatively short period.

Age Cohort

A group of individuals who share similar time of birth, experiencing similar societal events and life stages at approximately the same time.

Ambivalence

The state of having mixed feelings or contradictory ideas about something or someone.

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