One reason that products are likely to fail in the market place include ______.
A)misunderstanding the target market
B)correct product positioning
C)failure to meet government regulations
D)failure to meet ISO Requirements

Question

Quizplus · Accepted Answer

Misunderstanding the target market is a significant reason for product failure. If a product is not designed and marketed to meet the needs of its target market, it may fail to generate any interest or sales. Correct product positioning and meeting government regulations and ISO requirements are important for a product's success, but they are not the main reason for product failure.

One Reason That Products Are Likely to Fail in the Market