Explain in detail why a large proportion of new product introductions fail?
What will be an ideal response?
ANSWER: Despite the amount of time and money spent on developing and testing new products, a large proportion of new product introductions fail. Products fail for a number of reasons. One common reason is that they simply do not offer any discernible benefit compared to existing products. Another commonly cited factor in new-product failures is a poor match between product features and customer desires. For example, there are telephone systems in the market with more than 700 different functions, although the user is happy with just ten functions. Other reasons for failure include overestimation of marker size, incorrect targeting or positioning, a price too high or too low, inadequate distribution, poor promotion, or simply an inferior product.
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An amino sugar called N-acetylmuramic acid is an important building block of the cell wall of some bacteria. Penicillin prevents this amino sugar from being incorporated into the bacterial cell wall. Based on this information, select all the of the following statements that are true.A) Penicillin affects bacteria but not eukaryotic animal cells.B) Bacterial cells that had already formed their cell walls would be unaffected.C) Penicillin would stop the growth of active colonies of susceptible bacteria.D) Penicillin affects bacterial cell walls and eukaryotic plant cell walls.
What will be an ideal response?
Infinity Clock Company prepared the following static budget for the year:
If a flexible budget is prepared at a volume of 7800 units, calculate the amount of operating income. The production level is within the relevant range.
A) $43,800
B) $27,000
C) $7800
D) $3000
The decision-making approach that focuses on factors that will change between alternatives is sometimes called all of the following except:
A. actual costing. B. incremental analysis. C. relevant costing. D. differential analysis.
Nadia, the owner of Organic Farms, a sole proprietorship, wants to obtain additional business capital but to maintain control. This can best be accomplished by? A) borrowing funds
B) bringing in partners. C) issuing stock. D) selling the business.