One of the Potential Benefits to a Firm of Introducing

question 64

Multiple Choice

One of the potential benefits to a firm of introducing new-to-the-world products or services is

• A) cost savings.
• B) late majority marketing.
• C) establishing a completely new market.
• D) the ability to avoid paying pioneers for new product development.
• E) capitalizing on existing consumer preferences.

---

Definitions:

Antidepressant Drugs

Medications used to treat depression and other mood disorders by balancing chemicals in the brain.

Side Effects

Unintended reactions or consequences, usually negative, resulting from a treatment or action that are not the primary outcomes.

Behavior Therapies

A group of therapeutic techniques based on the principles of behavioral psychology, aiming to modify maladaptive behaviors.

Techniques

Methodical procedures or approaches used in a specific field or for accomplishing a task.