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May Safe Solutions (MSS) Inc

question 3

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May Safe Solutions (MSS) Inc. is on the verge of launching a new security alarm systems for homes. Before the commercialization of the product, the marketing team of the company contacts a few customers, describes the product to them, answers queries on its functioning, negotiates price, and then asks the customers if they would actually buy the product if it was available in the market. Which of the following methods of market testing is MSS Inc. applying in this scenario?


Definitions:

Medical Malpractice

The act of professional negligence by a healthcare provider where the treatment provided falls below the accepted standard of practice in the medical community and results in injury or death to the patient.

Medical Record

A comprehensive document containing a patient’s personal identification, health history, and details of medical care and treatments received.

Contractual Capacity

The legal ability of a person or entity to enter into a binding contract, having the mental and legal competency to do so.

Consent Form

A document that a person signs to give permission for a medical procedure, participation in research, or other activities after receiving and understanding all the relevant information.

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