Three Commonly Utilized Methods for Determining Product/service Demand Are ________

question 67

Multiple Choice

Three commonly utilized methods for determining product/service demand are ________.

• A) assessing the overall financial attractiveness of the proposed venture, talking face-to-face with potential customers, and assessing industry attractiveness
• B) analyzing the financial performance of other businesses, talking face-to-face with potential customers, and assessing target market attractiveness
• C) assessing target market attractiveness; utilizing online tools, such as Google AdWords and landing pages; and calculating total startup cash needed
• D) assessing industry attractiveness; library, Internet and gumshoe research; and talking face-to-face with friends and family
• E) talking face-to-face with potential customers; utilizing online tools, such as Google AdWords and landing pages; and library, Internet and gumshoe research

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Definitions:

Property Insurance

Insurance that provides protection against most risks to property, such as fire, theft, and some weather damage.

Consideration

The value (such as money, a service, or a promise) that is given by one party to another in exchange for something else, forming a necessary component of a legally binding contract.

Premium

The amount paid for an insurance policy.

Peril

A specific risk or cause of loss covered by an insurance policy, such as fire, theft, or natural disaster.