The Majority of Innovations and Inventions That Society Benefits from Today

question 6

Multiple Choice

The majority of innovations and inventions that society benefits from today:

• A) were the responsibility of individuals in small businesses.
• B) have been imported form countries with strong research centres.
• C) were developed in large businesses with significant research funding.
• D) were developed in University research labs.

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Definitions:

Global Entry Strategies

Techniques and methods businesses use to enter foreign markets, including exporting, licensing, franchising, or through joint ventures.

Significant Capital

Refers to a substantial amount of money or resources used by a company to fund significant investments or projects.

Global Franchising

A business strategy that involves a company licensing its business model and brand to operators in other countries.

Advertising Campaigns

A series of advertisement messages that share a single idea and theme intended to promote a product, service, or cause to a targeted audience.