It Takes _______ New Product Ideas to Generate Just 1

question 283

Short Answer

It takes _______ new product ideas to generate just 1 new product that reaches the market, and then only _____ out of 10 new products on the market succeeds.
100; 1
200; 3
50; 1
30; 4
20; 6

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Definitions:

Expert Power

The ability to control another’s behavior because of the possession of knowledge, experience, or judgment that the other person does not have but needs.

Knowledge

The information, understanding, and skills that individuals acquire through experience or education.

Experience

The knowledge or skill acquired by direct observation, participation, or event occurrence over time.

Judgment

The ability to make considered decisions or come to sensible conclusions based on available information.