All of the Following Are Reasons Why New Products Fail

question 25

Multiple Choice

All of the following are reasons why new products fail except

• A)overestimated market size.
• B)followed a systematic plan.
• C)distributed insufficiently.
• D)had poor timing.
• E)promoted poorly.

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Definitions:

Bankruptcy Trustee

A legally appointed individual responsible for managing the financial affairs of a person or business declared bankrupt, including asset liquidation and disbursing proceeds to creditors.

Chapter 7 Bankruptcy

A process under federal law designed to eliminate unsecured debts and liquidate non-exempt assets to pay creditors.

Chapter 7

This typically refers to a chapter of the U.S. Bankruptcy Code dealing with liquidation, where a debtor's assets are sold to pay off creditors.

Secured Party

An individual or entity that has been given a security interest in the property of a debtor as collateral for a loan or obligation.