The Development and Spread of New Ideas, Goods, and Services

question 235

Multiple Choice

The development and spread of new ideas, goods, and services for the marketplace is called:

• A) marketing.
• B) the micro-macro dilemma.
• C) collaboration.
• D) innovation.
• E) production.

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Definitions:

Cultural Differences

refer to the diverse customs, beliefs, practices, and behaviors that distinguish various societies and ethnic groups from one another.

Image Problems

Difficulties or issues related to the perception and reputation of an entity, which can affect public opinion and stakeholder trust negatively.

Overcome Barriers

Strategies or actions taken to address and move past obstacles or hindrances.

New Product Adoption

The process through which consumers become aware of, evaluate, and decide to purchase and use a new product.