At this stage, entrepreneur can test and refine the potential p development process is mentioned? O a. Testing the prototype O b. Validating the market

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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At this stage, the entrepreneur can test and refine the potential product or service. What new product
development process is mentioned?
O a.
Testing the prototype
O b. Validating the market
O c. Developing a product or service description
O d. Creatinga prototype
Outsourcing is the process of appointing a third party manufacturer to do the manufacturing operations of
the business.
00
Select one:
O True
O False
Transcribed Image Text:At this stage, the entrepreneur can test and refine the potential product or service. What new product development process is mentioned? O a. Testing the prototype O b. Validating the market O c. Developing a product or service description O d. Creatinga prototype Outsourcing is the process of appointing a third party manufacturer to do the manufacturing operations of the business. 00 Select one: O True O False
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