The Most Important Factor in Successful New-Product Introductions Is a Good

question 143

True/False

The most important factor in successful new-product introductions is a good match between product and market needs.

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Definitions:

General State

A term potentially referring to the overall condition of a system or entity, but is not a standard term in economics or related fields. NO.

Normative Statement

A statement that expresses a value judgment or opinion, reflecting beliefs about what should be rather than what is.

Advanced Industrial Society

A society characterized by high levels of industrialization, technological advancement, and standard of living.

Positive Economic Analysis

The branch of economics that concerns the description and explanation of economic phenomena, focusing on factual and cause-and-effect relationships.