Reverse Innovation Is When a Company Produces a Drastically Simplified

question 30

True/False

Reverse innovation is when a company produces a drastically simplified version of a product due to lack of purchasing power or usage conditions.

---

Definitions:

Debt Acquisition

The process of obtaining funds or capital through borrowing, which incurs debt.

Secretarial Skills

Refers to the abilities and competencies required for proficient performance in secretarial and administrative tasks, including typing, organization, communication, and office management.

Seamstresses

Women who sew and make clothing as a profession or hobby, often employing detailed craftsmanship in garment making.