Which of the Following Is a Disadvantage of Gradually Introducing

question 162

Multiple Choice

Which of the following is a disadvantage of gradually introducing a product to market?

• A) It reduces the risk of introducing a new product.
• B) It is easier logistically to introduce it all at once.
• C) It is difficult to slow down production enough for a gradual introduction.
• D) It allows competitors to monitor the results of the new product.
• E) It prevents product differentiation based on geographical differences.

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Definitions:

Competitive Forces

The external factors that influence the competitive position of a firm in an industry or market.

Interdependent

A situation where entities or individuals depend on each other, often seen in economic and social settings.

Oligopoly

A market structure in which a few firms dominate the market, leading to a high level of market concentration.

Oligopolistic Industry

A market structure characterized by a small number of firms whose decisions affect and are affected by each other, leading to strategic behavior and interdependence.