Which of the following is the most challenging aspect of identifying and developing a new product or service for the market?
A)determining that there is a large enough market for the product
B)identifying the market opportunity
C)deciding on what the new product or service will be
D)doing research on potential competitors for the new product or service

Question

Quizplus · Accepted Answer

Determining that there is a large enough market for the product is the most challenging aspect of identifying and developing a new product or service for the market because it is difficult to predict whether or not a new product or service will be successful.

Which of the Following Is the Most Challenging Aspect of Identifying