Searching Should Continue Until

question 141

Multiple Choice

Searching should continue until

• A)all options have been explored.
• B)the marginal benefits of further searching equals the marginal costs.
• C)the marginal benefit of searching is zero.
• D)the marginal cost of searching is zero.

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Definitions:

Software

Programs and operating information used by a computer to perform specific tasks.

Reverse Innovation

A strategy where goods or services are developed first for emerging markets, and then adapted for more developed ones.

Diverse Settings

Various environments or situations that are distinct in character, culture, or composition.

Innovation Process

The sequence of activities that an individual or organization undertakes to conceive, develop, and bring to market new products or services.