What Does a Classic "Two-Score Score" in a Venture Concept

question 15

Multiple Choice

What does a classic "two-score score" in a venture concept reality check consists of?

• A) The percentage of target customers responding they are likely and very likely to buy the concept presented to them
• B) The percentage of target customers likely to continue buying the existing solutions
• C) The percentage of target customers responding they are not likely and very unlikely to buy the concept presented to them
• D) None of the above

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Definitions:

Garage Sale

An informal, often temporary sale of used goods by private individuals, typically held at the seller's residence.

Express Warranty

A written or spoken promise from a seller about the quality or functionality of a product.

Salesperson's Statement

A formal or informal communication by a salesperson, intended to persuade or inform potential buyers about a product or service.

Bargaining Process

The series of negotiations and compromises between two or more parties seeking to make a mutually acceptable agreement.