All of the Following Are Reasons for the High Failure

question 35

Multiple Choice

All of the following are reasons for the high failure rate of new products except

• A) failing to assess the market properly.
• B) neglecting to do appropriate product testing.
• C) targeting the wrong segment.
• D) overextending a firm's abilities.
• E) failing to introduce lower-priced alternatives.

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Definitions:

Diversity

The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc.

Job Embeddedness

The extent to which an employee feels attached to their job and company, influencing their likelihood to stay.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often leading to prejudice and discrimination.

Hierarchical Approach

A structured organizational method where decisions and processes flow from top-level management down through various levels of authority.