What Are the Important Reasons for New Product Failure

question 23

Essay

What are the important reasons for new product failure?

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Definitions:

Photosynthesis Equation

Represents the chemical process by which plants, algae, and some bacteria convert light energy into chemical energy, typically summarized as 6CO2 + 6H2O + light energy -> C6H12O6 + 6O2.

Photosynthesis

A process used by plants and other organisms to convert light energy, usually from the sun, into chemical energy that can be used to fuel the organism's activities.

Ecosystems

Complex communities of organisms and their physical environment interacting as an ecological unit in nature.

Food Chains

A hierarchy of organisms each dependent on the next as a source of food, illustrating the flow of energy and nutrients.