Products That Result in Entirely New Markets Are Known as

question 14

Multiple Choice

Products that result in entirely new markets are known as

• A) New-to-the-world products
• B) New product lines
• C) Additions to existing product lines
• D) Improvements to existing products

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Definitions:

Contributions

Services, money, or ideas provided to a common fund, project, or cause, often to achieve a shared goal or benefit.

Teamwork Effect

refers to the combined effort of a group working together effectively to achieve common goals, often resulting in higher productivity and creativity.

Aberration

A departure from what is considered normal or expected, often referring to a deviation from a moral standard or normal state.

Elusive

Hard to find, catch, or achieve; difficult to remember or define.