A(n) ________ Is Any Good, Service, or Idea That Is

question 102

Multiple Choice

A(n) ________ is any good, service, or idea that is perceived by someone as new. The idea may have a long history, but it is new to the person who sees it as such.

• A) innovation
• B) new idea
• C) enhancement
• D) product
• E) creative product

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Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character.

Sales Tax

A tax paid to a governing body for the sales of certain goods and services, typically a percentage added to the total sale price.

Consumer Need

A requirement essential for a consumer's survival or well-being, which drives purchasing behavior and product demand.

Satisfy

To meet the needs or fulfil the desires, expectations, or requirements of someone or something.