For Start-Up Companies,the Main Reason for Failure of New Products

question 67

Multiple Choice

For start-up companies,the main reason for failure of new products is _________.

• A) Lack of technology
• B) Lack of capital
• C) Lack of innovative ideas
• D) Lack of access to distribution markets
• E) Competitive pressure

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Definitions:

Coercive Power

The ability to control others through the fear of punishment or the promise of sanctions.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or societal standards.

Resistance

Opposition or pushback encountered when an organization attempts to implement changes, often stemming from employees' fear, misunderstanding, or distrust.

Connection Power

The influence one gains over others through the ability to establish and leverage personal and professional relationships.