The Primary Reason Found for New Product Failure Is an Inability

question 25

Multiple Choice

The primary reason found for new product failure is an inability on the part of the selling company to match its offerings to the _____.

• A)needs of the customer
• B)products offered by its competitors
• C)prevailing price for its product
• D)market leader's selling price

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Definitions:

Compensation Process

The method or system through which employees are rewarded for their contributions to an organization, including wages, salaries, benefits, and incentives.

Performance Factors

Elements that contribute to an individual's or organization's ability to achieve its objectives, including skills, knowledge, abilities, and other attributes.

Environment

The surrounding conditions, including physical, social, and cultural factors, that can influence the performance and well-being of employees.

Organizational Culture

The shared values, beliefs, and norms that influence the behavior of individuals within an organization.