Solved

Why Is Successful New- Product Introduction Becoming Increasingly More Difficult

Question 95

Multiple Choice

Why is successful new- product introduction becoming increasingly more difficult?


A) New- product development costs are so low that any company with a good idea can create a new product.
B) Government regulations have become so stringent that new products are usually years in the testing stage while waiting approvals.
C) Products become outdated at a much faster rate than ever before.
D) Creating new products is not costly.
E) Many international companies are engaging in product innovation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents