Ask Question
7 March, 14:00

Why should companies develop and introduce new products?

a To keep their product designers busy

b Because new products are almost always successful

c To replace deleted products so the broadness of the marketing mix remains unchanged

d Because failing to do so can threaten the future success of the firm

e Because it is relatively inexpensive and therefore worth the time

+4
Answers (1)
  1. 7 March, 17:16
    0
    The correct answer is (D)

    Explanation:

    Customers' priorities are always changing according to their perspectives. The organizations are striving to develop a new product and introduce into the market as soon a possible before any other market competitor introduce their's. To remain competitive, and to capture mass customers, the firms has to develop products frequently to replace the deleted products by using the marketing mix strategies.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why should companies develop and introduce new products? a To keep their product designers busy b Because new products are almost always ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers