Product Innovation Is The

question 17

Multiple Choice

Product innovation is the:

• A) development and introduction of new or improved goods and services.
• B) process of selling new or improved goods or services.
• C) virtual processing of new or improved goods and services.
• D) commercializing of new or improved goods or services

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Definitions:

On/off Switch

A device that enables users to start or stop the flow of electricity to an appliance, machine, or another electrical device with a simple action.

Pilot Devices

Control instruments that command the operation of electrical machinery indirectly, often through the use of relays or contactors.

Motor Starter

A device that controls the use of electrical power to equipment, especially to start and stop motors.

Control Coil

A coil used in a relay or other electrical device, which creates a magnetic field when electricity is passed through it, thereby controlling the operation of the device.