All of the Following Statements About New Products Are True

question 4

Multiple Choice

All of the following statements about new products are true EXCEPT:

• A) More than one-third of all new products fail
• B) Old products are being withdrawn from the market at an increasingly rapid rate
• C) The key to successful products is solid planning
• D) The risk associated with new product development has been drastically reduced
• E) New products may mean the difference between profit and loss for a firm

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Definitions:

Pseudopodia

Temporary, amoeba-like projections of the cell surface which assist in the movement and feeding of some eukaryotic cells.

cAMP

Cyclic AMP, a crucial secondary messenger in various biological functions.

Dictyostelium Discoideum

A species of soil-living amoeba famous for its ability to form multicellular structures when food is scarce, often studied for insights into cellular communication and differentiation.

Algae

A diverse group of photosynthetic organisms, mostly aquatic, that range from single-celled forms to large seaweeds, not classified as plants.