Examlex
A company can obtain new products in two ways: One is through ________ and the other is through the company's own R & D process.
R&D Spending
Financial investments allocated towards research and development activities with the aim of advancing innovation, creating new products, or improving existing ones.
Imitation
The act of mimicking or replicating someone else's actions, strategies, products, or behaviors.
Innovative Product
A new or significantly improved good or service that offers unique benefits or solves problems in a novel way.
Brand-Name Recognition
The extent to which a consumer can accurately identify a brand based on visual or auditory cues.
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