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.

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Definitions:

Variance

A statistical measure that represents the degree of spread or dispersion of a set of data points, or the difference between expected and actual performance.

Zoning Commissions

Governmental bodies that oversee the implementation of zoning regulations, determining how land within their jurisdiction can be used and developed.

Regulation

Regulation involves the establishment and enforcement of rules or laws by government or regulatory bodies to govern the behavior of companies, industries, or markets, often for the purpose of protecting public interest.

Fulltime Employees

Individuals who are contracted to work the full number of hours defined as full-time by their employer, typically experiencing benefits not offered to part-time employees.