Multiple Choice
Which of the following statements are correct about test marketing?
A) Products being test marketed should be produced in large numbers to minimize production costs.
B) Test marketing involves observing sales results in one market and using the results to forecast sales in other markets or the whole market.
C) Products that take a long time to gain consumer awareness and usage are excellent candidates for test marketing.
D) While test marketing is a good sales forecasting technique,other techniques are more accurate.
E) None of these is correct statements about test marketing.
Correct Answer:

Verified
Correct Answer:
Verified
Q88: Regarding the North American Industry Classification System:<br>A)It
Q89: A sales department budget is least likely
Q90: The sales budget,in contrast to other budgets
Q91: One key difference between a company's sales
Q92: A firm with a small sales force
Q94: As far as the length of a
Q95: Regarding the budgeting process for the entire
Q96: A sales forecasting period of less than
Q97: Market potential is the maximum market share
Q98: Budgeting normally is part of the _