The Primary Reason for New Product Failure Is the Inability

question 73

Multiple Choice

The primary reason for new product failure is the inability of the selling company to match its offering to the _____.

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

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Definitions:

Hormones

Chemical substances produced by glands in the body that regulate the activity of cells or organs, essential for every activity of life.

Endocrine Glands

Glands that secrete hormones directly into the bloodstream, regulating processes like growth, metabolism, and mood.

Hormones

Chemical messengers produced by the endocrine glands that regulate various bodily functions by traveling through the bloodstream to tissues or organs.

Bloodstream

is the system of blood vessels within an organism through which the blood circulates, carrying oxygen, nutrients, and waste products to and from various tissues.