Which of the Following Statements Is Not True Regarding New

question 56

Multiple Choice

Which of the following statements is not true regarding new product development?

• A) New product development involves designing, producing, and selling new products as a means of increasing firm revenues and profits.
• B) When new product development is properly executed, there is tremendous upside potential.
• C) The key to successful new product development strategy is to develop products that aren't simply "me-too" products.
• D) In general, developing new products is a low-risk strategy.
• E) In many fast-paced industries, new product development is a competitive necessity.

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Definitions:

Gross Return

The total return on an investment before any deductions are made for costs or expenses.

Managed Investment Companies

Firms that invest pooled funds from clients, taking on the responsibility of investment decisions and management for those funds.

Closed-end Funds

Investment funds that have a fixed number of shares which are not redeemable from the fund. Instead, the shares can be purchased or sold only in the market, at their current market price.

Unit Investment Trusts

An investment company offering a fixed portfolio of securities in a one-time public offering, with units redeemable on demand.