Which of the Following Statements Regarding Product Failures Is Most

question 205

Multiple Choice

Which of the following statements regarding product failures is most accurate?

• A)Product failures should always be blamed upon poor execution of the marketing mix.
• B)A precise protocol hampers creativity and innovation.
• C)Listening to the voice of the consumer more often than not and providing faulty and biased information.
• D)Product failures can come as a result of factors within the organization and from without.
• E)If you produce a quality product, better than that of all competitors, your product will succeed.

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Definitions:

Action

In the context of decision-making or behavior, the process or act of doing something towards achieving a specific result or outcome.

Random Sample

A subset of a statistical population in which each member has an equal chance of being chosen.

Defective Items

Products that fail to meet quality standards or specifications.

Estimate

To determine an approximate calculation or judgment of a numerical value.