How can you gauge target customer purchase intent during the venture concept reality check?
a. Simply by asking if the target customer likes the concept
b. Simply by asking if the target customer is dissatisfied with existing alternatives
c. Simply by asking if the target customer is likely and/or very likely to purchase your
presented concept
d. You cannot gauge the purchase intent with any of the above methods
c. Simply by asking if the target customer is likely and/or very likely to purchase your
presented concept
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During its fifth year of operations, Bright Creations Company reports a beginning cash balance of $132,000, cash inflows from investing activities of $210,000, cash outflows for financing activities of $79,000, and cash outflows for operating activities of $13,000 . What was Bright Creations' cash balance at the end of the fifth year?
a. $ 250,000 b. $ 434,000 c. $ 276,000 d. $ 132,000
What do steep upward-sloping yield curves indicate about the business cycle?
What will be an ideal response?
Which of the following is NOT one of the categories of wholesalers?
A) merchant wholesalers B) agents C) limited-service wholesalers D) specialty line wholesalers E) cash-and-carry brokers
The fixed overhead volume variance is a measure of
A) the cost of overspending on fixed overhead items. B) the effect of the actual output differing from the output used to calculate the predetermined fixed overhead rate. C) the cost of unused activity capacity acquired. D) both the cost of overspending on fixed overhead items and the effect of the actual output differing from the output used to calculate predetermined fixed overhead rate. E) both the effect of the actual output differing from the output used to calculate the predetermined fixed overhead rate and the cost of unused activity capacity.