The marketing team of ben & jen, a leading global fashion brand, has just started working on its new ad. it is in the stage of preparing a positioning statement for its new winter collection. however, it wants to ascertain the opinion of certain experts about the layout and other basic elements of the ad. in other words, it wants to undertake:

concept testing

Explanation:

Concept testing in marketing refers to an intermediate stage of the development of a new product, where you carry out surveys in order to evaluate if your customers will accept your new product idea. At this stage you will test the idea behind the product, not the product itself. This helps to estimate the initial reactions that your potential customers may have towards your product.

how big are hotdogs, answer this or you get a dunce cap

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.