A new market opportunity generally guarantees success, if the new product is technically feasible.

Question

Quizplus · Accepted Answer

While a new market opportunity can lead to success, it is not a guarantee. Factors such as competition, market saturation, and consumer preferences can all impact the success of a new product. Additionally, technical feasibility is just one aspect of product development, and other factors such as cost, ease of use, and market fit must also be considered.

A New Market Opportunity Generally Guarantees Success, If the New