Which of the Following Is a Common Cause of New

question 159

Multiple Choice

Which of the following is a common cause of new product failures?

• A) The product fails to offer the customer a unique benefit.
• B) The company tries to follow an organized new-product development process-rather than using a faster and more spontaneous, "race-to-market" approach.
• C) The managers worry too much about the competition.
• D) The company delays putting the product on the market until it develops a complete marketing plan.
• E) All of these are common causes of new product failures.

Define and differentiate between sales, non-trade, and trade receivables.

Understand medical coding for well-child checks and specific infant conditions.

Identify common conditions in premature infants and their implications.

Comprehend the significance of birth weight and its categorization.

---

Definitions:

Barrier to Entry

Economic, procedural, regulatory, or technological conditions that obstruct or restrict new competitors from easily entering an industry or area of business.

Near Monopolies

Near monopolies refer to markets where one or a few companies dominate, significantly limiting competition.

Licenses

Legal permits granted by an authority, allowing individuals or companies to carry out certain activities or businesses that would otherwise be unlawful.

Economies of Scale

The cost advantage achieved by an enterprise when production becomes efficient, as costs can be spread over a larger amount of goods.