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5. I love being a Dad, and I intend to capture my daughters life on some sort of permanent media. Specifically, I have chosen to use an Apple iPhone. My choice to use the iPhone is based on:
Question 13Answer
a.
Want
b.
Demand
c.
Need
d.
Affordability.21.24.Among the decisions relating to a product that a company must make are the following:
Question 12Answer
a.
Segmentation, positioning and strategy
b.
Advertising, sales promotion and personal selling
c.
Environmental decisions
d.
Branding, labeling and packagingThe stage in the new product development process where the marketing strategy, financial and revenue projections are done is:
Question 11Answer
a.
Idea generation
b.
Business Analysis
c.
Commercialization
d.
Screening and evaluation
Internet, journals and internal records
c.
Market intelligence, marketing research and experimentation
d.
Internal records, market intelligence and marketing research

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