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