Which of the Following Can Cost a Company Developing a New

question 50

Multiple Choice

Which of the following can cost a company developing a new product a great deal of money?

• A)Making decisions under extreme time pressure.
• B)Failure to be first to market with a promising new product.
• C)Guessing what the customer needs.
• D)Determining whether the new product will sell at a profit.

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Definitions:

Necessary Action

Refers to a crucial step or measure that needs to be taken in order to achieve a specific goal or address a problem.

Feasibility Report

A document that assesses the practicality of a proposed plan or project, considering factors like cost, time, and impact.

Yardstick

is a standard or criterion used to compare quality, value, or performance, serving as a benchmark for measurement or judgement.

First-Person Pronouns

Pronouns that refer directly to the speaker or writer, including "I," "me," "we," and "us."