Examlex
Which of the following refers to calculating the conventionally accepted "right answer" to a logical problem?
Innovation
The method by which a concept or innovation is transformed into a product or service that generates value or that consumers are willing to purchase.
Product Development
The process of bringing a new product or service to the market, from ideation and design through to production and launch, involving research and testing to meet consumer needs.
Triggering Event
A specific occurrence or situation that initiates a predetermined action or series of actions within a business or project context.
Start-Up Process Model
A framework outlining the step-by-step progression needed to establish a new business, from idea conception to market entry.
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