It Has Been Observed That Most New Products Have Shorter

question 90

Multiple Choice

It has been observed that most new products have shorter product life cycles. What is the reason for this?

• A) New products do not get adequate management support.
• B) Social and governmental constraints lead to this failure.
• C) Rivals quickly copy products that are successful.
• D) Most new products do not use technology.
• E) Most new products are not backed by a marketable idea.

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Definitions:

Crosswalk

Marked points on a road where pedestrians have the right to safely cross, typically found at intersections.

Circulate Rumors

The act of spreading unverified or unofficial stories or information among a group of people, often leading to uncertainty or misinformation.

Collective

A term referring to a group of individuals who share or are motivated by at least one common issue or interest, or work together to achieve a common objective.

Intergroup Behavior

Intergroup behavior refers to interactions between members of different groups, influenced by their group affiliations, which can lead to conflict or cooperation.