The key success factor in the Introduction phase of the industry is

Question

Quizplus · Accepted Answer

Effective product innovation is crucial in the introduction phase because it is the first time the product is being introduced into the market, and it needs to capture customers' attention and gain a foothold in the industry. This requires a focus on innovation and getting the products in front of potential customers. The other options may be useful but are not as critical as effective product innovation.

The Key Success Factor in the Introduction Phase of the Industry