Identify the Factors Responsible for the High Failure Rates of New-To-The-World

question 7

Essay

Identify the factors responsible for the high failure rates of new-to-the-world products with relevant examples.

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Definitions:

Employer Branding

The process of promoting a company as a desirable employer to attract, engage, and retain talented employees, highlighting its culture, values, and career opportunities.

Congruence

Congruence refers to the degree of alignment between an individual's personal values, identity, and actions, often leading to greater satisfaction and well-being.

Perceived Fairness

The belief that the processes, outcomes, and interactions one experiences are just, equitable, and appropriate.

Adequacy

The quality of being sufficient, suitable, or acceptable in quantity or quality.