Solved

Which of the Following Is an Advantage for Product Pioneers

Question 13

Multiple Choice

Which of the following is an advantage for product pioneers in new product introductions?


A) They make high profits as soon as they enter a market.
B) They become readily recognizable to consumers.
C) They have to share a market with very few competitors that have monopoly power.
D) They always succeed in a marketplace because of lack of competition.
E) They need not focus on creating demand for a product category.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions