Examlex

Solved

Your Firm Has a New Product Concept That Seems to Be

question 16

Multiple Choice

Your firm has a new product concept that seems to be a "sure winner." You have estimated that the cost of development is $1 million that the company does not have. As a result, this "sure winner" does not get out of the idea stage. This is an example of ________, which is one of the factors hindering new product development.


Definitions:

Related Questions