The Creation of a Successful New Product Depends on a Company's

question 40

Multiple Choice

The creation of a successful new product depends on a company's understanding of its ________ and its ability to deliver ________ to customers.

• A)competitors,distributors and employees;new styles
• B)customers,brands and products;product images
• C)customers,competitors and markets;superior value
• D)product,marketing mix and marketing strategy;functional features
• E)product life-cycle,legal responsibilities and social responsibilities;innovations

---

Definitions:

Units Of A

A measure of quantity for a specific or undefined item, referred to as 'A'.

Budget Constraint

The limitation on the consumption bundles that a consumer can afford based on the consumer's income and the prices of goods and services.

Units Of B

This term is not clearly defined without context and could potentially refer to any measurement involving the variable "B."

Units Of A

Indicates discrete quantities or measurements of a given entity or substance, allowing for the quantification and assessment in various contexts.