Several Factors Hinder New-Product Development Today,including ________-When a New Product

question 109

Multiple Choice

Several factors hinder new-product development today,including ________-when a new product is successful,rivals are quick to copy it.

• A) high cost of development
• B) fragmented markets
• C) a shortage of important ideas in certain areas
• D) social and governmental constraints
• E) shorter product life cycles

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Definitions:

Misled Consumers

Practices or statements that intentionally deceive or lead consumers to have incorrect beliefs or understanding about a product or service.

Political Speech

Public commentary or discussion that is aimed at influencing the decision-making process in a democracy.

First Amendment

An amendment to the United States Constitution that protects freedoms concerning religion, expression, assembly, and the right to petition the government.

Fundamental Rights

Basic rights and freedoms that are guaranteed to citizens, usually by the constitution or the laws of a country.