Which of the following should be specified by the policy-making criteria on new products?
A) A maximum level of profits that can be expected
B) The exact market share of a new product
C) The exact level of expected profits
D) The availability and cost of capital to develop a new product

Question

Quizplus · Accepted Answer

The availability and cost of capital to develop a new product should be specified by the policy-making criteria as it affects the financial feasibility and viability of a new product. The other options (A, B, and C) are not realistic or feasible to be exact or predetermined when introducing a new product to the market.

Which of the Following Should Be Specified by the Policy-Making