If a Product Idea Is Deemed to Have the Potential

question 8

Multiple Choice

If a product idea is deemed to have the potential of being profitable in the business analysis stage, then it moves on to the ________ stage.

• A)test marketing
• B)product development
• C)product launch
• D)concept testing
• E)idea screening

---

Definitions:

Recreation Center

A facility provided by many communities for leisure, sports, and other recreational activities.

Membership Fees

Charges paid by individuals to belong to an organization, club, or group, granting them access to specific services or privileges.

Shortsightedness Effect

The tendency of decision-makers to prioritize immediate benefits at the expense of long-term values.

Legislation

Laws and regulations enacted by a government body to dictate the behavior of individuals, businesses, and other organizations.