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. establishment of a completely new market.

D. the ability to avoid paying pioneers for new product development.

E. the ability to capitalize on existing consumer preferences.


Answer: C. establishment of a completely new market.


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