If the existing product is being sold to teenagers in one country and new entry involves selling the existing product to teenagers in a new country then this represents a new product use. Group startsTrue or False

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14-04-2022
Business

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If the existing product is being sold to teenagers in one country and new entry involves selling the existing product to teenagers in a new country then this represents a new product use. Group startsTrue or False

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anthougo anthougo · Answer 1 · 2022-04-20T10:36:20+02:00

It is FALSE to assert that it is a new product use if an existing product is sold to teenagers in one country and a new entry involves sales to teenagers in a new country.

What is a new product use?

A new product use refers to the first usage of a new product by customers anywhere in the world. A new product is also new even to the company that sells it.

But if the company had acquired some selling experience about the product in one country, it is not a new product use when it sells the product in a new country.

Thus, it is FALSE to assert that it is a new product use if an existing product is sold to teenagers in one country and a new entry involves sales to teenagers in a new country.

Learn more about new products development at https://brainly.com/question/6786480