Entrepreneurs Create New Products and New Production Methods,which Are Sources

question 30

True/False

Entrepreneurs create new products and new production methods,which are sources of technological progress.

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Definitions:

Lenovo Laptop

A personal computer produced by Lenovo, a multinational technology company known for its wide range of laptop models catering to various consumer needs.

Marketing Mix

A combination of factors under a company's control to influence consumers to purchase its products, typically described as Product, Price, Place, and Promotion.

Product-mix

The total range of products that a company offers to its customers, including all product lines and individual products.

Comarketing

Cooperative arrangement in which two businesses jointly market each other’s products.