With the benefits of information and systems technologies, the success rate of new product development has climbed to 85 percent at launch.

Question

With the benefits of information and systems technologies, the success rate of new product development has climbed to 85 percent at launch. ​

Quizplus · Accepted Answer

Despite advancements in information and systems technologies, the success rate of new product development remains relatively low, with a significant portion of new products failing to succeed in the market. Industry studies and statistics often cite success rates well below 85 percent at launch.

With the Benefits of Information and Systems Technologies, the Success