Say That You Have an Idea for a New Product

Multiple Choice

Say that you have an idea for a new product. Before you start a business to produce it,you want to see if people might actually buy it. You build a prototype of the product and show it to people. By doing this,you are conducting a

A) first-mover test.
B) advantage test.
C) competitor analysis.
D) financial analysis.
E) concept test.