Inventions Are the Creation of

question 4

Multiple Choice

Inventions are the creation of

• A)new products based on new technology.
• B)new products or processes, often based on existing technology and know-how.
• C)usually several decades of research.
• D)individual scientists or engineers, working alone.

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Definitions:

Core Competency

A defining strength or advantage of a company, crucial to its success and difficult for competitors to replicate.

Complex Decision

A decision-making process involving multiple factors and stakeholders, requiring a thorough analysis due to its high uncertainty and impact.

Organizational Goals

The strategic objectives a company aims to achieve, which guide its operations, decision-making, and the allocation of its resources.

Logistics Technologies

Advanced tools and systems used to optimize the efficiency and effectiveness of logistics and supply chain operations, including transportation, warehousing, and inventory management.