Which of the following is a true statement about the cereal industry?
A) The majority of all new cereals succeed soon after market introduction.
B) Many cereal firms launch products without conducting market research.
C) Market research significantly reduces the failure rate for new cereal products.
D) Launching new cereals without conducting research is too costly for most firms.

Question

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The Answer of Which of the following is a true statement about the cereal industry?
A) The majority of all new cereals succeed soon after market introduction.
B) Many cereal firms launch products without conducting market research.
C) Market research significantly reduces the failure rate for new cereal products.
D) Launching new cereals without conducting research is too costly for most firms.

Which of the Following Is a True Statement About the Cereal