Which of the following is the main reason, many experts believe that relying on customers for new products, particularly true innovations, is doomed to failure?
A. Customer's limited ability to see into the future and conceptualise what could be
B. Customers could be biased and purchase only expension products
C. Customers don't have the time to think about new products
D. Customers not wanting the submit new ideas to the organisation
Answer: Option A
Related Questions on Marketing Management
Launching a product in a small part of the market is called:
A. Competitive response
B. Competitive analysis
C. Test marketing
D. None of these
A. Product
B. Selling
C. Customer
D. Production
Markets which are organized and regulated by statutory measure are:
A. Regulated markets
B. Unregulated markets
C. World market
D. None of these
A. Innovators
B. Late majority
C. Early majority
D. Late adopters
Join The Discussion