Which of the Following Was Not Identified in Chapter 14

question 18

Multiple Choice

Which of the following was not identified in Chapter 14 as one of the top five reasons new products fail?

• A) The potential market was overestimated.
• B) Customers saw the product as too expensive.
• C) Lack of passion for the product
• D) The product was no different than the competition's.
• E) The costs of developing the product line were too high.

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Definitions:

Pay Gap

The difference in average earnings between any two groups within the workforce, often used to discuss the disparity between genders or ethnic backgrounds.

Nonmonetary Reward

A form of compensation or incentive that does not involve the direct payment of money, such as appreciation, recognition, or professional development opportunities.

Compensating Differential

Additional income or benefits offered to employees to offset unpleasant aspects of a job.

Compensating Differential

Additional wage or payment provided to workers to compensate for undesirable aspects of a job, such as risk or unpleasant conditions.