An Important Way of Viewing New Products Is in Terms

question 4

Multiple Choice

An important way of viewing new products is in terms of their effects on consumption,which from the perspective of consumers is by

• A)the price.
• B)the extent of media promotion.
• C)the degree of potential product cannibalization.
• D)the presence of "feature bloat."
• E)the degree of learning involved.

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Definitions:

Memes

Cultural elements that are transmitted by repetition and variation, often through social media and internet platforms.

Evolution

The procedure whereby diverse life forms are considered to have arisen and spread out from previous species over the course of earth's history.

Encephalization Quotient

A measure of brain size relative to body mass, used to estimate the intelligence or cognitive abilities of an animal.

Fruit Foraging

The activity of searching for and gathering wild fruits as a source of food.