Q50
Choose the correct answer: In order to test your understanding of your market, the safest approach would be to: [1 Mark] (a) Test market your product (b) Rely on your personal instinct (c) Conduct a survey among your friends
Expert Answer
In my opinion, in order to test my understanding of my market, the safety approach would be to rely on my personal instinct because in this approach, I can get clear information about my product market.
Other approaches may be suitable for new products