The Number-One Success Factor for New Products Is ________

question 56

Multiple Choice

The number-one success factor for new products is ________.

• A) product uniqueness and superiority
• B) a marketing department that has expertise in new products
• C) a firm with deep pockets
• D) a tight marketing budget
• E) market-skimming pricing

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Definitions:

Consideration

Consideration in a legal context refers to something of value that is exchanged between parties as part of a contract, necessary for the contract to be legally binding.

Chinese Law

A legal system derived from civil law, heavily influenced by Soviet Socialist law, that governs the People's Republic of China.

Minors

Individuals under the legal age of majority, typically under 18 years old, not yet granted the full legal rights of an adult.

Contracts

Legal agreements between two or more parties that create mutual obligations enforceable by law.