Which of these statements about developing new products are TRUE?
Select all that apply and then click submit.
When you put a new product on the market, it starts off the
Introduction Phase of the product life cycle.
You may reach an entirely new set of customers with a new product.
Without introducing new products, you may fall behind competitors.
Developing new products is the only way to increase the length of the
product mix.
Creating new products is less risky than doing line extensions.

How should the environmental effects be dealt with when evaluating this project? the environmental effects should be ignored since the plant is legal without mitigation. the environmental effects should be treated as a sunk cost and therefore ignored. if the utility mitigates for the environmental effects, the project is not acceptable. however, before the company chooses to do the project without mitigation, it needs to make sure that any costs of "ill will" for not mitigating for the environmental effects have been considered in the original analysis. the environmental effects should be treated as a remote possibility and should only be considered at the time in which they actually occur. the environmental effects if not mitigated would result in additional cash flows. therefore, since the plant is legal without mitigation, there are no benefits to performing a "no mitigation" analysis.