Which of the following is a financial criterion for measurement of new product performance?
A) Performance of new products
B) Market share achieved
C) Return on sales
D) Market-related benefits

Question

Quizplus · Accepted Answer

Return on sales is a financial criterion that measures the profitability of a new product. It calculates the ratio of net income to total revenue generated by the product. This helps in assessing the financial performance of the new product and making decisions regarding its future. Choices A, B, and D are not financial criteria, but rather relate to product and market performance.

Which of the Following Is a Financial Criterion for Measurement