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:

Implementation

The process of executing plans, strategies, or policies to achieve desired outcomes.

Empowerment

The process of enabling or authorizing an individual or group to think, behave, take action, and control work and decision-making in autonomous ways.

Coordinator

A coordinator is an individual responsible for organizing and managing various tasks and activities within a project or department to ensure efficient operation.