5 Questions
Which stage is the systematic market evaluation checklist used in?
The idea stage
What is the purpose of the systematic market evaluation checklist?
To eliminate impractical ideas
How are consumers involved in the evaluation process?
They express the chief values, merits, and benefits of new ideas
What happens to ideas that are incompatible with the market's values?
They are eliminated
When should the development of a suggested product be continued?
If there is a need for the product
Master the Art of Evaluating New Product Ideas: Take this quiz to enhance your skills in identifying promising product/service ideas and eliminating impractical ones. Learn how to effectively use the systematic market evaluation checklist and assess the chief values, merits, and benefits of each idea. Put your consumer knowledge to the test by evaluating clusters of new product/service concepts. Join now and maximize your company's resources with informed decision-making!
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