If No Product Existed Prior to Its Invention,then the Product

question 137

Multiple Choice

If no product existed prior to its invention,then the product is a(n) _____.

• A)improvement in an existing product
• B)new-to-the-company product
• C)extension to an existing product line
• D)"new-to-the-market" product

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Definitions:

Mobile Technologies

Refers to portable computing devices and technologies that enable wireless connectivity and access to the internet.

Online Technologies

Digital tools and platforms that facilitate various activities on the internet, including communication, information sharing, learning, and business transactions.

Interpersonal Interactions

Exchanges or engagements between two or more people, encompassing both verbal and non-verbal communication.

Objective-and-task Method

The objective-and-task method is a budgeting technique where a company defines specific marketing objectives and then estimates the costs of tasks needed to achieve these objectives, thereby determining the marketing budget.