All of the following are reasons products fail EXCEPT:
A. overestimation of market size
B. poor match between product features and customer desires
C. a price too high or too low
D. direct distribution
E. not offering any discernible benefit compared to existing products
Answer: D
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What will be an ideal response?
In the context of situation analysis, which of the following is a category for analysis in the internal environment?
A. technological B. firm resources C. threat of new entrants D. sociocultural/demographic E. political, legal, and ethical
The total cost of completed but undelivered jobs equals the balance in the Work in Process Inventory account.
Answer the following statement true (T) or false (F)
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A. Differentiation B. Operational C. Competitive D. Diversification E. Visible