Which of the following is the most likely circumstance for a company to decide to do little or no test marketing? O a. when management lacks confidence in the marketing strategy O b. when management lacks confidence in the new product Oc when the product has no substitutes and is new in its category O d. when the costs of developing and introducing the product are low O e. when the new product requires a major investment hp

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Quèstion 7
Which of the following is the most likely circumstance for a company to decide to do little or no test marketing?
O a. when management lacks confidence in the marketing strategy
O b. when management lacks confidence in the new product
Oc when the product has no substitutes and is new in its category
O d. when the costs of developing and introducing the product are low
O e. when the new product requires a major investment
hp
.....
.....
....
Transcribed Image Text:A Moving to another question will save this response. Quèstion 7 Which of the following is the most likely circumstance for a company to decide to do little or no test marketing? O a. when management lacks confidence in the marketing strategy O b. when management lacks confidence in the new product Oc when the product has no substitutes and is new in its category O d. when the costs of developing and introducing the product are low O e. when the new product requires a major investment hp ..... ..... ....
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