Approximately what share of all new products are failures?
A) Less than 30%
B) 40 %
C) 50-60%
D) 80%
E) Over 90%

Name: Approximately what share of all new products are failures? A) Less than 30% B) 40 % C) 50-60% D) 80% E) Over 90%
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Studies and market research have consistently shown that approximately 80% of new products fail. This high failure rate is attributed to various factors, including lack of market need, poor product fit, competition, and inadequate marketing efforts.

Approximately What Share of All New Products Are Failures