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Which of the following statements is true of the importance of new products? Group of answer choices The new products process is exceedingly difficult. Radical

Which of the following statements is true of the importance of new products?

Group of answer choices

The new products process is exceedingly difficult.

Radical innovation is detrimental to the survival of a firm.

The failure rate for new products is estimated to be around

90

percent.

All the individuals involved in the creation of a new product generally belong to the same department.

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