Timing Is a Very Important Element in Any New Product

question 99

Multiple Choice

Timing is a very important element in any new product launch.One of the strategies is described as being the _____.This method often involves introducing the new product in the company's home market and then moving to other advanced markets.Finally, less advanced markets are exposed to the product.

• A)sprinkler method
• B)shotgun method
• C)rifle method
• D)dribble method
• E)waterfall method

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Definitions:

Loan Endorsers

Individuals or entities that support or guarantee the repayment of a loan, thereby assuming the risk if the original borrower fails to repay.

Commercial Banks

Financial institutions that offer services such as accepting deposits, providing business loans, and offering basic investment products.

Credit Market

A financial market where borrowers can obtain funds from investors or lenders through the issuance of different types of debt instruments.

Prime Interest Rate

The interest rate that banks charge their most creditworthy customers, often used as a benchmark for setting rates on various types of loans and credit.