Commercial Development Projects That Establish New Core Products and New

question 29

Multiple Choice

Commercial development projects that establish new core products and new core processes that differ from those of previous generations are referred to as:

• A)platform projects.
• B)breakthrough projects.
• C)research and development projects.
• D)derivative projects.
• E)none of the above

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Definitions:

Particular Purpose

A specific objective or intended use for which something is designated or implemented.

Implied Warranty of Merchantability

A legal assumption that the goods sold meet certain quality standards, including that they are reasonably fit for their ordinary purpose.

Express Warranty

An explicit promise or assurance made by a seller about the condition, functionality, or quality of a product.

Sales Transaction

The process of exchanging a good or service for payment between a buyer and a seller.