"Frugal Engineering" and "Reverse Innovation" Are Some of the Terms

question 50

True/False

"Frugal Engineering" and "Reverse Innovation" are some of the terms that GE,Proctor & Gamble,Siemens,and Unilever are using to describe efforts to penetrate more deeply into emerging markets.

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Definitions:

Refraction Process

The bending of a wave when it enters a medium where its speed is different, commonly used in the context of light or sound waves.

Age-related Macular Degeneration

A medical condition that results in blurred or no vision in the center of the visual field due to damage to the macula of the retina, associated with aging.

Vitamin B

A group of water-soluble vitamins that play important roles in cell metabolism and the health of the nervous system.

UV Light

Ultraviolet (UV) light is electromagnetic radiation with a wavelength shorter than that of visible light but longer than X-rays, capable of producing a suntan or sunburn on human skin.