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Which One of the Following Statements Is True of the Link

question 81

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Which one of the following statements is true of the link between innovation and creativity?


Definitions:

Revamped Products

Products that have been significantly modified or improved for better performance, appeal, or to meet current market trends.

Product-line Extensions

Expanding a product line by adding variations to existing products to target new customer segments or address evolving market demands.

New-category Entries

Refer to products or services that are introduced into a market where no previous offerings exist, opening a new segment or category for competition and innovation.

Revamped Product

A product that has been significantly modified, improved, or updated to meet current market demands or technology standards.

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