The Process When a Company Seeks to Match the Benefits

question 3

True/False

The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features,services and technologies into its current portfolio is called innovation.

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Definitions:

Perceptual Cues

Visual or other sensory information that helps an organism understand the environment and make decisions.

Memory Development

The process by which individuals encode, store, and retrieve information over time.

Secondary Circular Reactions

A developmental stage in infants where they repeat actions to trigger a desired response in their environment, typically observed between 4 and 8 months of age.

Physical Understandings

The grasp of physical principles and how objects interact in the physical world, often developed in early childhood through observation and interaction.