Which of the Following Statements Is NOT True Regarding New

question 42

Multiple Choice

Which of the following statements is NOT true regarding new product development?

• A) New product development involves designing, producing, and selling new products as a means of increasing firm revenues and profits.
• B) When new product development is properly executed, there is tremendous upside potential.
• C) The key to successful new product development strategy is to develop products that aren't simply "me-too" products.
• D) In general, developing new products is a low-risk strategy.
• E) In many fast-paced industries, new product development is a competitive necessity.

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Definitions:

Relatively Stable

Describes something that remains largely unchanged over time or under different conditions.

Traits

Enduring characteristics or tendencies that define an individual's behavior across various situations and over time.

Neuroticism

A personality trait associated with a higher tendency towards experiencing negative emotions like anxiety, depression, and anger.

Emotional Stability

A personality trait that signifies how much a person’s mood fluctuates and their tendency to experience negative emotions.