Column 1 is a list of business terms - Leaving Cert Business - Question 10 - 2012
Question 10
Column 1 is a list of business terms. Column 2 is a list of explanations for these terms.
(One explanation has no match.)
1. Test Marketing
2. Prototype Development... show full transcript
Worked Solution & Example Answer:Column 1 is a list of business terms - Leaving Cert Business - Question 10 - 2012
Step 1
1. Test Marketing
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Answer
F. A new product is tried out on a small section of the market to get feedback and reaction.
Step 2
2. Prototype Development
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E. A technique for coming up with new ideas for products.
Step 3
3. Brainstorming
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A. Carried out to see if a product can be made at a reasonable cost.
Step 4
4. Feasibility Study
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B. A firm's revenue equals its expenditure.
Step 5
5. Break-even Point
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C. A feature that distinguishes a product from its competitors.
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