Product Invention Consists of Creating Something New

question 132

Multiple Choice

Product invention consists of creating something new. Backward invention is reintroducing earlier product forms that are well adapted to a foreign country's needs. Forward invention is

• A) increasing the control over the development of new products.
• B) creating a new product to meet a need in another country.
• C) inventing something that yet has a "market".
• D) understanding the differences between host and foreign country markets.
• E) creating a new product to meet the need in the host country.

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Definitions:

Mind Map

A visual, holistic form of note taking that starts with the main idea placed in the center of a page and branches out with subtopics through associations and patterns.

Writing Pyramid

A structured approach to writing that organizes information hierarchically, starting with the broadest topic at the base and becoming more specific towards the top.

Stay Focused

The ability or practice of keeping one's attention directed on a task or activity without becoming distracted.

Watch Your Time

A reminder to be aware of and manage one’s time effectively, especially in contexts where time is limited.