Occam's Razor Is Another Name for What Critical Thinking Principle

question 122

Multiple Choice

Occam's razor is another name for what critical thinking principle?

• A)Oberg's dictum
• B)Principle of replicability
• C)Principle of parsimony
• D)Hume's dictum

---

Definitions:

Discontinuous Innovations

Innovations that create a significant change in consumer behavior or revolutionize the way a market functions, often by introducing a completely new product or service.

Continuous Innovations

Ongoing, incremental improvements and updates to products or services, intended to maintain competitiveness and address evolving customer needs.

Test Market

A geographic region or demographic group used to gauge the viability of a product or service in a larger market by analyzing consumer response before a full-scale launch.

New-Product Development Process

The seven stages an organization goes through to identify opportunities and convert them into salable products or services.