Which of these statements about developing new products are TRUE?
Select all that apply and then click submit.
When you put a new product on the market, it starts off the
Introduction Phase of the product life cycle.
You may reach an entirely new set of customers with a new product.
Without introducing new products, you may fall behind competitors.
Developing new products is the only way to increase the length of the
product mix.
Creating new products is less risky than doing line extensions.