Which of the Following Is an Example of an Organizational

question 304

Multiple Choice

Which of the following is an example of an organizational problem that can cause a new product failure?

• A) a competitor with a similar product beat the firm to market
• B) too much input from different stakeholders outside the firm
• C) not learning critical takeaway lessons from past failures
• D) it is a personal favorite of the CEO
• E) the board of directors insisted on it

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Definitions:

Proximate Cause

A legal concept that determines whether the harm or damage sustained by an individual is directly related to an event or action, playing a significant role in determining liability.

Legal Cause

A legally sufficient reason or justification for an action, event, or decision, especially in the context of litigation or legal obligations.

Punitive Damages

Monetary compensation awarded in a lawsuit that goes beyond what is necessary to compensate the plaintiff and is intended to punish the defendant for particularly egregious conduct.

Gross Negligence

An action committed with extreme reckless disregard for the property or life of another person.