The Reasons That Explain Why So Many New Products Fail

question 18

Multiple Choice

The reasons that explain why so many new products fail to generate an economic return include all of the following except

• A) the demand for innovations is inherently uncertain.
• B) the technology is poorly commercialized.
• C) many fail because of poor positioning strategy.
• D) development costs are not kept in check.
• E) the products are slow to get to the market.

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Definitions:

Tariff Rates

Taxes imposed by a government on imported or exported goods.

Independent Commission

An autonomous body established to investigate, analyze, or oversee specific issues or areas, often governmental or industry-related, without bias.

Theodore Roosevelt

The 26th President of the United States, known for his progressive policies, leadership in the early 20th century, and role in mediating the end of the Russo-Japanese War.

Conservation

The sustainable management and preservation of natural resources, such as forests, water, and wildlife, to protect ecosystems and biodiversity for future generations.