Piggyback Exporting Is When Two Different Transportation Modes (Such as Truck

question 31

True/False

Piggyback exporting is when two different transportation modes (such as truck and rail) are combined.

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Definitions:

Full-Scale Production

The phase in manufacturing where products are produced at the maximum capacity following the completion of pilot runs and testing.

New-Product Development

The complete process of bringing a new product or service to market, from concept creation and development to commercialization.

Test Marketing

The process of launching a new product or service in a limited market area to evaluate its potential before a wider release.

Simulated Test Markets

A marketing technique where consumer reaction to a product is tested in a simulated environment prior to its actual launch.