Answer-Simulated test markets are the same as:

To save time and money, companies often turn to simulated or laboratory test markets STM, a technique that replicates a full-scale test market to a limited degree.

Question

Simulated test markets are the same as:

A market test sites where organizations sell a new product via normal distribution channels and then monitor the results.

B forced distribution markets.

C laboratory test markets.

D those in which a product is offered for sale on a limited basis.

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Simulated test markets are the same as:

Solution