Companies following a new-products strategy should expect to invest considerable time and money before realizing any returns.

Name: Companies following a new-products strategy should expect to invest considerable time and money before realizing any returns.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Developing new products typically involves significant research, development, testing, and marketing efforts, which require substantial investment before any profits are realized.

Companies Following a New-Products Strategy Should Expect to Invest Considerable