Which of the Following Is an Example of a New

question 229

Multiple Choice

Which of the following is an example of a new product?

• A)an existing product that has been modified in some way
• B)an existing product for which new uses have been found in other product markets
• C)a wholly new product idea
• D)an existing product being offered to new markets
• E)All these answers are correct.

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Definitions:

Supermarket Chains

Companies that own or operate multiple supermarket stores across different locations.

Blocking Variable

A variable introduced in an experimental design to account for potential variation, thereby reducing confounding effects.

Incentive

A benefit, reward, or cost that motivates an individual or organization to act in a certain way.

Exam

An official examination of an individual's understanding or mastery of a particular topic or ability.