One of the potential benefits to a firm of introducing new-to-the-world products or services is
A. cost savings.
B. the ability to avoid paying pioneers for new product development.
C. late majority marketing.
D. establishment of a completely new market.
E. the ability to capitalize on existing consumer preferences.
Answer: D
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Indicate whether the statement is true or false
A ________ refers to an alteration or a modification of a product by a party in the chain of distribution that absolves all prior sellers from strict liability.
A. res ipsa loquitur B. negligence per se C. proximate cause D. supervening event
Behavior modeling is based on the principle that behavior which is rewarded will be exhibited more frequently in the future, whereas behavior which is unrewarded will decrease in frequency.
Answer the following statement true (T) or false (F)
The last step of the minimal spanning tree solution method is to make sure all nodes have joined the spanning tree
Indicate whether this statement is true or false.