Explain Absolute and Relative Product Failure

question 6

Essay

Explain absolute and relative product failure. Why do a large proportion of new product introductions fail?

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Definitions:

Retina

The light-sensitive layer at the back of the eye that captures visual information and sends it to the brain for interpretation.

Night Vision

The ability to see in low-light conditions, which can vary significantly among different organisms and technologies designed to enhance human nighttime visibility.

Cones

Photoreceptor cells in the retina of the eye responsible for color vision and functioning best in relatively bright light.

Rods

Light-sensitive cells in the retina that function in low light.