For the following questions answer them individually
Marketing of goods experimentally in several carefully selected areas beforereleasing them on a wide scale is known as —
Setting Price of a product based on the buyer’s perceptions of value rather than onthe seller’s cost is known as —
Uncertain outcomes involving the market for goods and services; such as the possibility of price declines or increases, changes in consumer preferences, and/ or changes in the nature of competition is called -
The systematic gathering, recording and analysing of data with respect to a particular market is known as -
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