The Primary Reason for New Product Failure Is the Inability

question 73

Multiple Choice

The primary reason for new product failure is the inability of the selling company to match its offering to the _____.

• A) needs of the customers
• B) products offered by competitors
• C) prevailing price for the product
• D) market leader's selling price

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Definitions:

Cohort Effects

Variations in the characteristics of an area of study (like attitudes or behaviors) over time, among individuals who are defined by some shared temporal experience or common life experience.

Longitudinal Effects

Outcomes or impacts that can be observed over extended periods of time, often used to assess how certain variables or interventions influence development or behavior.

Butterfly Effects

The concept that small causes can have large effects, particularly in the context of a chaotic system, where minute variations in initial conditions can result in vastly different outcomes.

Teratogen

Any agent or substance that can cause malformation of an embryo or fetus.