A product that is ________ would be LEAST likely to benefit from market research.

A) highly competitive
B) newly invented
C) expensive
D) imported

Highly Competitive

Refers to markets or industries where numerous competitors vie closely for customers and market dominance.

Newly Invented

Products, services, or concepts that have been created or developed for the first time, introducing new possibilities or solutions.

Market Research

The act of acquiring, analyzing, and making sense of data pertaining to a market, involving details about possible customers and rivals.