Question

Startup firms that find new markets attractive but do not yet have products ready for delivery preannounce efforts causing potential adaptors to delay a purchasing decision until the new effort rolls out. True or false?

Answer 1

Answer: False

Explanation:

A startup firm is a company that is in the first stage of its operations. These firms are often initially bankrolled by their entrepreneurial founders as they make effort as they take chance on developing a product or service for which they believe there is a demand.