The failure rate of innovative products is:
A) high.
B) low.
C) nil.
D) moderate.
E) too difficult to assess.

Name: The failure rate of innovative products is: A) high. B) low. C) nil. D) moderate. E) too difficult to assess.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The failure rate of innovative products is generally high, especially for products that disrupt existing markets or technologies. Factors such as lack of market need, inadequate funding, poor timing, and fierce competition contribute to this high failure rate.

The Failure Rate of Innovative Products Is