For start-up companies,the main reason for failure of new products is _________.

Name: For start-up companies,the main reason for failure of new products is _________.
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Question

Quizplus · Accepted Answer

While the other factors can certainly contribute to the failure of a new product, lack of capital is often the biggest obstacle for start-up companies. Without sufficient funding, it can be difficult to develop and market a product effectively, or to sustain operations while waiting for revenue streams to materialize.

For Start-Up Companies,the Main Reason for Failure of New Products