The Primary Reason for New Product Failure Is the Inability

question 73

Multiple Choice

The primary reason for new product failure is the inability of the selling company to match its offering to the _____.

• A) needs of the customers
• B) products offered by competitors
• C) prevailing price for the product
• D) market leader's selling price

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Definitions:

Explicit Reason

A clear and detailed reason that is directly stated or explained, without ambiguity.

Guidance

The act of offering direction, advice, or recommendations on how to proceed in a situation.

Abandoned Line

A term referring to discontinued or no longer used railway tracks.

Purpose And Context

The intended aim or objective of something and the circumstances or environment relevant to its understanding.