Business, 19.03.2020 18:21 92835304629

All of the following are benefits of new product development to a firm except:
reducing the costs of production.
satisfying the changing needs of current and new customers.
avoiding market saturation from products that have been on the market for a long time.
creating diversification and reducing risk.
keeping up in a market with short product life cycles where sales come mostly from new products.

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All of the following are benefits of new product development to a firm except:
reducing the c...