Concept testing is an important step

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1.Concept testing is an important step in the new product process. Outline the concept tests for 

(a) An electrically powered car 
(b) A new loan payment system for automobiles that is based on a variable interest rate. What are the differences in developing concept tests for products as opposed to services?

Reference no: EM13888780

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Concept testing is an important step : 1.Concept testing is an important step in the new product process. Outline the concept tests for
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