The Creation of a New Product Is Called

question 95

Multiple Choice

The creation of a new product is called

• A) investment.
• B) a rise in productivity.
• C) process innovation.
• D) creative destruction
• E) product innovation.

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Definitions:

Salaried Manager

An employee who receives a fixed amount of compensation from an employer, typically on a monthly or yearly basis, regardless of the number of hours worked.

Risk

The exposure to the possibility of loss or damage as a result of a given action, decision, or event.

Franchisee

An individual or company that acquires the rights from a franchisor to operate a business under the franchisor's brand and system.

Salaried Manager

An individual in a managerial position who receives a predetermined, regular payment, typically on a monthly or bi-weekly basis, regardless of hours worked.