The top five reasons new products fail are presented in Table 14.2. If Uber were to...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The top five reasons new products fail are presented in Table 14.2. If Uber were to fail, which of these five reasons would be most likely to explain the firm's failure? Why? TABLE 14.2 The Top 5 Reasons New Products Fail 1. The potential market was overestimated. 2. Customers saw the product as too expensive. 3. The product was poorly designed. 4. The product was no different than the competition's ("me too" products). 5. The costs of developing the product line were too high. The top five reasons new products fail are presented in Table 14.2. If Uber were to fail, which of these five reasons would be most likely to explain the firm's failure? Why? TABLE 14.2 The Top 5 Reasons New Products Fail 1. The potential market was overestimated. 2. Customers saw the product as too expensive. 3. The product was poorly designed. 4. The product was no different than the competition's ("me too" products). 5. The costs of developing the product line were too high.
Expert Answer:
Answer rating: 100% (QA)
Answer The most likely reason that explains the failure of the firm is that customers might have vie... View the full answer
Related Book For
Entrepreneurship Successfully Launching New Ventures
ISBN: 978-0133797190
5th edition
Authors: Bruce R. Barringer, R. Duane Ireland
Posted Date:
Students also viewed these accounting questions
-
The top five reasons new products fail are presented in Table 14.2. If Uber were to fail, which of these five reasons would be most likely to explain the firms failure? Why? TABLE 14.2 The Top 5...
-
Which of the following would be most likely to cause an auditor to have substantial doubt regarding a company's ability to continue as a going concern? A current ratio of 1.3 and a quick ratio of...
-
If Uber were to consider participating in a strategic alliance, what type of firm might be an appropriate partner for Uber and why? If you were a consultant, would you advise Uber to form a strategic...
-
Barbara buys 100 shares of DEM at $35 a share and 200 shares of GOP at $40 a share. She buys on margin and the broker charges interest of 10 percent on the loan. a. If the margin requirement is 55...
-
Can the annual new orders for manufacturing in the United States be predicted by the raw steel production in the United States? Shown on the next page are the annual new orders for 10 years according...
-
Spiro Savings Bank currently holds a government bond valued on the day of its purchase at $5 million, with a promised interest yield of 6 percent, whose current market value is $3.9 million....
-
For each transaction that follows, indicate which account is debited and which account is credited. May 2 Leon Stoker started a computer programming business, Stokers Programming Service, Inc., by...
-
Lean Accounting. Flexible Security Devices (FSD) has introduced a just-in-time production process and is considering the adoption of lean accounting principles to support its new production...
-
Calculate the estimated intrinsic value of the stock today, ^P0 . Proceed by finding the present value of the dividends expected at t = 1, t = 2, t = 3, t = 4, and t = 5 plus the present value of the...
-
Pauley, Inc., pays its employees' weekly wages in cash. A supplementary payroll sheet that lists the employees' names and their earnings for a certain week is shown below. Complete the payroll sheet...
-
Three coordinate systems (x,y,z.), (X,Y,Z), (xy, Z), with their origins at the same point, are related in the following way: (x,y,z,) is obtained from (x,y,z) by a positive (counter clockwise)...
-
What collection strategies could be used to find answers to questions regarding Mexico's stability with their Economic, Geography, Politics, Military, Society and Technology? What types of sources...
-
A machine costing $ 2 1 3 , 6 0 0 with a four - year life and an estimated $ 2 0 , 0 0 0 salvage value is installed in Luther Company s factory on January 1 . The factory manager estimates the...
-
Explain the purpose and state on which financial statement the following belong and provide a short example of each: Research and Development, Accumulated Amortization, Amortization Expense.
-
Equal Pay Act 1963 Sally and Joe are both hired as Financial Analysts. Both have similar resumes including college degree, certifications, experience, and companies. Both receive an offer of $50,000...
-
You have started a project to build a fence. You plan to start the project on June 5th and need to finish on June 13th. Listed below are the tasks of the project. On June 7th how much slack does Task...
-
Case Problem: Grey Code Corporation (page 505) Grey Code Corporation (GCC) is a media and marketing company involved in magazine and book publishing and in television broadcasting. GCCs portfolio o
-
Differentiate the following terms/concepts: a. Personality types and money attitudes b. Planners and avoiders c. Moderating and adapting to biases d. "Perfectible judges" and "incorrigible judges"
-
What is a trademark? How can a trademark help a firm establish a competitive advantage in the marketplace?
-
uShips current position is explained at the end of the case. Does this firm face the risk of growing too quickly? Why or why not?
-
What are the four primary factors that play a role in determining the nature and intensity of the bargaining power of suppliers?
-
The Effect of Reductions in Inventory Quantities} Hanna Motor Company, one of the country's largest automobile manufacturers, disclosed the following information about its inventory in the notes to...
-
Using the information for Obras, Inc., in SE 4 and SE 5, compute the current ratio, quick ratio, receivable turnover, days sales uncollected, inventory turnover, days inventory on hand, payables...
-
Using the information for Obras, Inc., in SE 4 and SE 5, compute the profit margin, asset turnover, return on assets, and return on equity for 20x6 and 20x7. In 2005, total assets were $200,000 and...
Study smarter with the SolutionInn App