Even If They Succeed, New-To-The-World Products Are

question 11

Multiple Choice

Even if they succeed, new-to-the-world products are

• A) not always profitable.
• B) not adopted by everyone at the same time.
• C) sometimes copycat brands.
• D) not subject to the law of first movers.
• E) typically very short-lived.

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Definitions:

Homogamy

The practice of marrying or forming relationships with individuals who have similar social, cultural, or personal characteristics.

Polygamy

A marital practice in which an individual has more than one spouse simultaneously.

Endogamy

The practice of marrying within a specific ethnic group, class, or social group, rejecting those from others.

Monogamy

The practice of having only one spouse at a time.