Question (8) In assessing product-market management, what are you trying to dete
ID: 356721 • Letter: Q
Question
Question (8) In assessing product-market management, what are you trying to determine? O Whether the business has devoted adequate resources to research and development, production, supply chain management, quality control, and market research OWhether the company has products that are in demand and has sufficient inventory on hand to meet that demand O How well the business understands its market, whether it offers products that meet market demands, and how effectively it promotes those products O How much the company budgets for product research and development, market research, quality control, and marketingExplanation / Answer
Here, the right opyion is third one.
The best way of assessing product -market management is to understand how well is the business understand the market , and if the product offered is meet the market demand. But that we can see the gap between product and market.