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:

Free Cash Flow

The amount of cash generated by a company after accounting for capital expenditures, essential for growth and expansion.

Operating Cash Flow

A measure of the cash generated by a company's normal business operations.

Amortization

The process of gradually writing off the initial cost of an asset over a period, typically for intangible assets such as patents or goodwill.

Intangible Assets

Long-term assets that are used in the operations of a business, are not held for sale, and are without physical qualities.