When New-To-The-World Products Are Better, Faster Versions of Existing Products

question 64

Multiple Choice

When new-to-the-world products are better, faster versions of existing products that target, for the most part, existing customers, then these products are described as ________.

• A) specialized goods
• B) core products
• C) convenience goods
• D) sustaining innovations
• E) disruptive innovations

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Definitions:

Retiree

An individual who has concluded their professional or working career and has transitioned out of the workforce, often due to age or personal choice.

Temporary Employees

Workers hired on a non-permanent basis, typically to fill short-term needs of the employing organization.

Private Employment Agencies

Businesses that help match employers with job seekers for a fee, offering services such as recruitment, staffing, and job placement.

Search Firms

Companies specialized in recruiting employees for other organizations, often focusing on specific industries or executive positions.