The launch of a new cereal typically costs up to $30 million and usually involves
A) replacing one of more than 300 competing breakfast cereals already on store shelves.
B) a minimum of three attempts before it is successfully launched.
C) a tie-in promotion with a major motion picture or toy.
D) steps to counteract the promotional efforts of a competitor's new cereal.
E) obtaining FDA approval for its convenience claims.
Correct Answer:
Verified
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