Compare the following to determine which is not a way that companies can reduce the risk of new product failures.
A)carefully listen to the customer for new product ideas
B)skip steps in the development process to market a product sooner
C)understand current market trends to anticipate demand
D)anticipate changes in the marketplace
E)be willing to fail on occasion

Question

Quizplus · Accepted Answer

Skipping steps in the development process increases the risk of product failure as it can lead to insufficient testing, inadequate market research, and a poorly designed product that doesn't meet customer needs. Therefore, it is not a way that companies can reduce the risk of new product failures.

Compare the Following to Determine Which Is Not a Way