Question: What statement best describes a Market Pull model for New Product Development? Question 3 3 Answer a . A product is developed using a technology

What statement best describes a Market Pull model for New Product Development?
Question 33Answer
a.
A product is developed using a technology known to the company and marketing develops a message to pull consumers to the product.
b.
Engineering and development are the functional areas driving the process.
c.
Ease of conveying the Unique Selling Proposition via Advertising to the End User is the first consideration.
d.
Marketing seeks to understand consumer needs to develop a product to satisfy the consumers' unmet needs.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!