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A Manufacturer of a New Product Is Conducting a Test

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A manufacturer of a new product is conducting a test market.Two of the test market objectives were trying to estimate total market sales and examining the consumer's in-store decision process.How would you collect data to support those two objectives?


Definitions:

Self-Awareness

The conscious knowledge of one’s own character, feelings, motives, and desires.

Decisions

The process of making choices or conclusions after consideration of information and different alternatives.

Recognizes

The act of acknowledging or identifying something or someone as having a particular status or quality.

Personality Formation

Personality formation is the development of an individual's distinct personality traits and characteristics, influenced by genetic, environmental, and social factors.

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