Question: 1. Should or Should Not 2 Development amount is $ The company that you manage has invested $5 million in developing a new product, but

1. Should or Should Not 2 Development amount is $

1. Should or Should Not

2 Development amount is $

The company that you manage has invested $5 million in developing a new product, but the development is not quite finished. At a recent meeting, your salespeople report that the introduction of competing products has reduced the expected sales of your new product to $2 million. If it would cost $4 million to finish development and make the product, you go ahead and do so. The most you should pay to complete development million. is S

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