It has been estimated that at about ____ of products currently on the market were not available 5 years ago,creating additional pressure to locate suppliers worldwide that can provide inputs at competitive prices and quality and with quick responsiveness to market changes.
A) 10 percent
B) one-quarter
C) one-third
D) 60 percent
E) three-quarters

Question

Quizplus · Accepted Answer

It has been estimated that about one-third of companies' sales are generated by products that were not available five years ago, and this figure rises to about 50 percent for the best-performing companies. This development has created additional pressure to locate suppliers worldwide that can provide inputs at competitive prices and quality levels and respond quickly to market changes.

It Has Been Estimated That at About ____ of Products