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A firm can obtain new products in two ways: by acquisition or by new-product development.
Scatter Diagram
A graphical representation used in statistics to show the relationship between two variables, using dots to represent data points.
Flowchart
A diagrammatic representation that illustrates the sequence of operations to be performed to get to the solution of a problem.
Pizza Delivery
A service that transports prepared pizza from a restaurant to the customer's location, ensuring the food is hot and fresh upon arrival.
Cause-and-Effect Chart
A visual tool used for identifying and organizing the potential causes of a specific problem or effect, often structured in a manner resembling a fishbone.
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Q80: Questionnaires are the most common research instrument.