Which of the following factors that tend to hinder new-product development is due to the fact that there may be few ways left to improve some basic products?
A) capital shortages
B) fragmented markets
C) cost of development
D) shortage of important ideas in certain areas

Question

Quizplus · Accepted Answer

This factor is due to a lack of innovation and creativity in certain areas or industries, leading to a shortage of important ideas for new product development. The other factors listed, such as capital shortages, fragmented markets, and cost of development, are also common hindrances to new-product development but are not directly related to a lack of potential improvements in basic products.

Which of the Following Factors That Tend to Hinder New-Product