The sums needed to develop and market many new products are out of reach of most companies acting alone.

Name: The sums needed to develop and market many new products are out of reach of most companies acting alone.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Many new products require significant amounts of money for their development and marketing, which may be beyond the financial reach of many individual companies. As a result, some companies collaborate with others or seek funding opportunities to overcome this challenge.

The Sums Needed to Develop and Market Many New Products