A new company designing and selling several lines of mobile phones has closely modelled its products after successful competitive products that are already in the marketplace.As it prepares to enter the market with its new products and services,which of the following should concern it the most?
A)product configurations
B)timing
C)sequential product development
D)product life cycle issues
E)sales

Question

Quizplus · Accepted Answer

Timing is crucial for a new company entering the market with products similar to existing ones. Entering the market at the right time can significantly impact the company's ability to capture market share and compete effectively.

A New Company Designing and Selling Several Lines of Mobile