List and explain some of the reasons why new products fail
What will be an ideal response?
There are several reasons why a new product may fail. Although an idea may be good, a company might have overestimated the market size. The actual product itself may have been poorly designed. Another possible reason is that the product may have been incorrectly positioned in the market. It may have been priced too high, or advertised poorly. It is also possible that a high-level executive pushed a favorite idea despite poor market research findings. Sometimes, the costs of product development are higher than expected. The product may have been launched at the wrong time, or competitors may have fought back harder than expected.
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Netiquette:
A. does not change because it is based on common sense. B. is based on the iceberg principle. C. is the term used for etiquette on the Internet. D. advises e-mail senders to use flaming when implementing the AIDA process. E. is based on the principle, "Don't put all of your eggs in one basket."
Which of the following is a non-cash transaction that should be disclosed in a schedule accompanying the statement of cash flows?
a. Sale of an investment for cash b. Purchase of a machine for cash c. Issuance of common stock in exchange for land d. Declaration and payment of a cash dividend on common stock
What personal factors help shape your selection of a target industry in addition to your own person enthusiasm and passion for a particular set of products or services:
a. Your own work experience b. Your educational experience, including business or technical skills c. A family business (your family!) d. All of the above
If a loan is to be repaid in equal periodic amounts (monthly, quarterly, or annually), it is said to be an amortized loan.
Answer the following statement true (T) or false (F)