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New product development is a double-edged sword from a management perspective. You spend money to ma

New product development is a double-edged sword from a management perspective. You spend money to make money on the new product. But – there is no guarantee that the new product will make money. It can fail….and fail big time. And, then what do you do? QuestionNew product development is a double-edged sword from a management perspective.You spend money to make money on the new product. But – there is no guarantee thatthe new product will make…

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