Multiple Choice
A major disadvantage of using laboratory-oriented sources for new product ideas is
A) the high cost associated with pure research.
B) that product ideas may not be viewed as being significant by target market consumers.
C) that product ideas may not be capable of receiving patent protection.
D) that scientists may think only in terms of minor revisions of existing products.
Correct Answer:

Verified
Correct Answer:
Verified
Q38: Although the adoption process describes the behavior
Q39: A product idea is converted into a
Q40: The product life-cycle concept suggests that decline
Q41: A manufacturer changes its marketing strategy to
Q42: A firm first positions a new product
Q44: In the diffusion process, innovators tend to
Q45: When products reach the late majority and
Q46: A firm can modify its marketing strategy
Q47: A major disadvantage associated with test marketing
Q48: Problems associated with production, such as a