Generally,a new product is considered as a good,service,or good/service bundle that
A)Is similar to the competition
B)Was previously not available to customers
C)Was modified from similar products
D)Is customized specifically for an individual customer
E)Is requested by the firm's supply chain members

Question

Quizplus · Accepted Answer

A new product is something that was previously not available to customers. It may be a completely new innovation or a modification of an existing product, but the key is that it is new and different from what was available before.

Generally,a New Product Is Considered as a Good,service,or Good/service Bundle