Forward Invention Is ________

question 164

Multiple Choice

Forward invention is ________.

• A) creating a new product to meet a need in another country
• B) creating a new product to meet the need in the home country
• C) inventing products that are superior to competing offerings
• D) taking an existing product into a new market
• E) inventing something that as yet has no "market"

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Definitions:

Cumulative Preferred Stock

Preferred stock where dividends accumulate if not paid as scheduled, needing to be fulfilled before common stock dividends.

Common Stock

A type of security that represents ownership in a corporation, giving shareholders voting rights and a claim on profits in the form of dividends.

Dividend

A disbursement from a corporation to its stockholders, often derived from earnings.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with dividend priority.