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    Contemporary Marketing Study Set 3
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    Exam 12: Developing and Managing Products
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    New-Product Development Is the Life Blood of Firms
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New-Product Development Is the Life Blood of Firms

Question 90

Question 90

Multiple Choice

New-product development is the life blood of firms. However, it is a difficult process and not always successful. In fact, approximately ____ of new products fail.


A) 80%
B) 60%
C) 40%
D) 20%

Correct Answer:

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