A Study by McKinsey and Company Found That High-Tech Products

question 47

Multiple Choice

A study by McKinsey and Company found that high-tech products that come to market on budget but are six months late:

• A)experience no significant profit difference over the next five years.
• B)earn 3 percent less profit over the next five years.
• C)earn 13 percent less profit over the next five years.
• D)earn 33 percent less profit over the next five years.

---

Definitions:

Road Conditions

The state of the roads including factors like surface quality, traffic levels, and weather conditions, affecting driving safety and vehicle performance.

Participants

Participants refer to the individuals who take part in a research study or experiment.

Speaker Credibility

The perception of a speaker's knowledge, trustworthiness, and authority by an audience, affecting the persuasive effectiveness of the communication.

PV

The present value, a financial term representing the current worth of a future sum of money or stream of cash flows given a specified rate of return.