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23) The creation of a successful new product depends on a company's understanding of its ________ and its ability to deliver ________ to customers. A) customers, competitors, and markets; superior value B) product, marketing mix, and marketing strategy; functional features C) product life cycle, legal responsibilities, and social responsibilities; innovations D) customers, brands, products; product images E) competitors, distributors, and employees; new styles

Respuesta :

ogorwyne

Answer:

A) A) customers, competitors, and markets; superior value

Explanation:

For a company to create a successful product, First, this company must create a great product that has a clear, well defined also large consumer market where the product that is being created offers a solution to existing consumer issues as well as having the ability to outperform it's competitors. This can be achievable through offering a product that has superior value.

Secondly, this new product has to be properly defined across the final consumer, technology and business before the company starts execution.

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