One of the potential benefits to a firm of introducing new-to-the-world products or services is:

One of the potential benefits to a firm of introducing new-to-the-world products or services is:



A. cost savings.
B. late majority marketing.
C. establishing a completely new market.
D. the ability to avoid paying pioneers for new product development.
E. capitalizing on existing consumer preferences.


Answer: C. establishing a completely new market


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