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Questions and Answers
What was the author's initial view on the product failures in the marketplace?
What was the author's initial view on the product failures in the marketplace?
- Lack of customer demand
- Poor product design
- Inadequate marketing strategies
- Technical problems requiring technical solutions (correct)
What approach did the author initially believe was necessary to solve the product failures?
What approach did the author initially believe was necessary to solve the product failures?
- More investment in marketing
- Changing the company's location
- Better architecture and engineering process (correct)
- Reducing the product price
What was a significant factor that led to the author seeking new ideas about company building?
What was a significant factor that led to the author seeking new ideas about company building?
- Inadequate funding for product development
- Lack of technical knowledge
- Previous failures despite hard work (correct)
- Excessive competition in the market
