Which of the Following Is NOT One of the Benefits

question 47

Multiple Choice

Which of the following is NOT one of the benefits to a firm of new product development?

• A) Reduced costs of production.
• B) Satisfying the changing needs of current and new customers.
• C) Avoiding market saturation from products that have been on the market for a long time.
• D) Creating diversification and reducing risk.
• E) Keeping up in a market where sales come mostly from new products.

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Definitions:

Another's Debt

The obligation to repay money borrowed by another person or entity, often due to a legal or financial agreement.

Written

Something that is expressed or communicated in the form of documentable characters, letters, or symbols.

Performed

Executed or carried out an action or task according to specified procedures or requirements.

Financial Responsibility

Obligation to manage financial resources wisely and fulfill monetary commitments.