Which of the Following Statements Is True of How Innovation

question 79

Multiple Choice

Which of the following statements is true of how innovation and market changes create opportunities?

• A)Market changes due to product innovations lead to fewer opportunities for marketing managers.
• B)Products,customer behavior,and competition vary over time.
• C)Marketing managers should avoid seeking innovations,as they only pose challenges to a firm and are not essential to a firm's success.
• D)Managers should design new products to meet their own needs rather than meeting the needs of the target market.

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Definitions:

Labyrinth

A complex system of paths or tunnels in which it is easy to get lost; in anatomy, it refers to the inner ear's intricate structure involved in hearing and balance.

Cochlea

A spiral-shaped cavity of the inner ear that plays a crucial role in the sense of hearing by converting sound waves into nerve impulses.

CN VIII

Refers to the eighth cranial nerve, also known as the vestibulocochlear nerve, which is responsible for hearing and balance.

Organ of Corti

A structure in the cochlea of the ear containing hair cells that translate sound vibrations into nerve signals.