In the Long Run,regardless of the Effort Put into the Product

question 132

Multiple Choice

In the long run,regardless of the effort put into the product management process,the most important factor determining if a consumer product will succeed or fail is:

• A) its product mix plan
• B) the way it implements its production strategy
• C) the marketing plan it selects for its products
• D) how well the manufacturer satisfies its customers' needs
• E) the competition encountered by the manufacturer

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Definitions:

Domain Name

The address of a website on the internet, which represents an organization or individual's digital identity.

Trademark Protection

Legal rights granted to protect brand names, logos, and other distinctive marks from being used without permission.

Personal Name

The distinct name identifying an individual person, often consisting of a given name and a family name.

Line Of Clothing

Refers to a collection or series of garments designed and offered for sale by a fashion brand or designer.