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Statement That Identifies: (1)a Well-Defined Target Market; (2)specific Customers' Needs,wants,and

Question 173

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statement that identifies: (1) a well-defined target market; (2) specific customers' needs,wants,and preferences; and (3) what the product will be and do to satisfy consumers is referred to as a new product's


A) protocol.
B) proposition.
C) modus operandi.
D) formula.
E) methodology.

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