Which of the Following Is an Advantage for Product Pioneers

question 33

Multiple Choice

Which of the following is an advantage for product pioneers in new product development?

• A)They make high profits as soon as they enter the market.
• B)They become readily recognizable to consumers.
• C)They have to share the market with very few competitors.
• D)These products always succeed in the marketplace because of lack of competition.
• E)They need not focus on creating demand for a specific brand.

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Definitions:

Compulsions

Repetitive behaviors or mental acts that an individual feels driven to perform in response to an obsession or according to rules that must be applied rigidly.

Psychoanalysis

A set of theories and therapeutic techniques related to the study of the unconscious mind, developed by Sigmund Freud, focusing on resolving mental conflicts.

General Anesthetic

A class of medication used to induce a temporary state of loss of sensation or awareness for the purpose of performing surgery or other painful procedures.

Muscle Relaxant

A substance or drug that reduces muscle tension and is used in the treatment of muscular pain and spasms.