In the context of new product development,the inability of a firm to satisfy customer needs can be attributed to:
A)upfront intelligence efforts that prevent further development.
B)a failure on the part of the firm to stick close to its core competencies.
C)excessive competition from inappropriate quarters.
D)a decline in the sales of old products compared to the sales of new products.

Question

Quizplus · Accepted Answer

If a firm fails to stick close to its core competencies during new product development, it may develop products that do not align with its strengths, resulting in an inability to satisfy customer needs. Upfront intelligence efforts and competition from inappropriate quarters may also contribute to this inability, but they are not the primary causes. A decline in sales of old products compared to new products may signal a need for new product development, but it is not directly related to the inability to satisfy customer needs.

In the Context of New Product Development,the Inability of a Firm