New-Product Failures Are Most Often Caused by Excessively High Prices

question 268

True/False

New-product failures are most often caused by excessively high prices.

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Definitions:

Entrepreneurs

Individuals who initiate, manage, and take the risk of starting and running a new business.

70 Hours

Without context, it's unclear; could refer to a specific workweek duration in certain industries or regulations limiting working hours.

Business Idea

A concept that can be used for financial gain, typically centered around a product or service that can be offered to the market.