Which of the Following Statements About "New Products" Is FALSE

question 81

Multiple Choice

Which of the following statements about "new products" is FALSE?

• A) In order for it to be advertised as new, there should be a functionally significant change in the product-according to the FTC.
• B) A product should be considered "new" by a particular firm if it is new in any way for that company.
• C) The FTC considers six months as the maximum time that a product should be called "new."
• D) According to the FTC, a product may be called "new" (for example, in advertising) as long as the firm has made at least some minor change in the package or product.
• E) A marketing manager should consider a product new if it is aimed at new markets.

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Definitions:

Transmission Delay

The time it takes for a signal or data packet to travel from the source to the destination across a network.

GEO

Pertains to geographical information, often relating to satellite systems and global positioning technologies.

LEO

Low Earth Orbit, referring to a satellite system orbiting relatively close to Earth, used for telecommunications, weather, and observation.

MEO

Medium Earth Orbit, a region of space around the Earth above low Earth orbit (LEO) and below geostationary orbit (GEO), typically used for navigation and communication satellites.