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To create successful new products, a company must _ _ _ _ _ _ _ . Question content area bottom Part 1 A . spend

To create successful new products, a company must_______.
Question content area bottom
Part 1
A.
spend more on research and development(R&D) than its competitors and understand its consumers
B.
cut costs to keep the price of new products low while delivering acceptable quality
C.
understand its consumers, markets, and competitors and develop products that deliver superior value to customers
D.
obtain successful products through acquisitions instead of doing internal development
E.
focus its new product development efforts only on consumers and deliver value

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