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A Major "Hidden" Cost Associated with Keeping a Weak Product

question 33

True/False

A major "hidden" cost associated with keeping a weak product is that it may delay the search for, and introduction of, products the firm may need to assure future profitability.


Definitions:

Anterograde Amnesia

A loss of the ability to create new memories after the event that caused the amnesia, leading to a partial or complete inability to recall the recent past.

Implicit

Something that is understood or implied without being directly stated or explicitly mentioned.

Explicit

Information or material that is clearly and directly expressed or demonstrated, leaving no room for confusion or doubt.

Automatic Processing

The unconscious encoding of incidental or well-practiced information, such as space, time, frequency, and the meaning of words.

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