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:

Advertising

The practice of promoting products, services, or ideas through various media channels to influence consumer behavior.

Divorce

The legal termination of a marriage by a court or other competent body, dissolving the bonds of matrimony between a married couple.

Early Marriage

The practice of marrying at a young age, often defined differently across cultures, and frequently discussed in terms of its social, economic, and health impacts.

Equity Principle

The principle suggesting fairness is achieved when the ratio of an individual's inputs to outcomes is equal to that of others.