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Aqua Technologies Corp. was the first company to utilize a new device developed by Signal Master Innovators Inc. that enabled Aqua to locate previously undetected aquifers that can be tapped as water sources. Aqua Technologies tested the device and provided a testimonial to other organizations about the product. However, the other organizations were hesitant and decided to wait until the product was proven reliable. In this case, Aqua Technologies can be classified as
Recycling
The process of collecting, processing, and repurposing waste materials into new products to reduce consumption of raw resources and environmental impact.
Technological Synergy
The cooperative interaction among various technological systems or devices that results in a combined effect greater than the sum of their separate effects.
Technology Transfer
The process of moving skills, knowledge, technologies, methods of manufacturing, samples of manufacturing, and facilities among governments or universities and other institutions to ensure that scientific and technological developments are accessible to a wider range of users.
Cost Leadership
A strategy businesses use to become the lowest-cost producer in their industry to gain a competitive advantage.
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