Which of the following is NOT a reason that explains the relatively high failure rate of internal new ventures?
A) Businesses choose a small-scale entry strategy, which often means they fail to build the market share necessary for long-term success.
B) A company is marketing a product based on a technology for which there is no demand.
C) The company fails to correctly position or differentiate the product in the market to attract customers.
D) A company tries to increase their chances of introducing successful products by establishing too many internal new-venture divisions.
E) Companies are focused on and excel at R&D in which they help to advance basic science and discover important commercial applications for it.
Correct Answer:
Verified
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