As a general rule, businesses cannot be required to divulge trade secrets to agencies

Which of the following is a limitation seen in organizations taking a low-cost approach to

product development? A) Demand for the product is limited to a niche market. B) Time taken for development is very long. C) Profit margins are very low. D) Products cannot be differentiated.

Which of the following is the focus of pull marketing at the introduction stage of the product life

cycle? A) offering incentives to consumers for using the product B) showing how the organization's product is superior to others in the market C) cutting costs of promotion by eliminating pull marketing efforts D) educating consumers on the benefits of the new product