A Firm Whose Product or Service Is New to the Industries

question 90

Multiple Choice

A firm whose product or service is new to the industries or is itself creating a new industry is called

• A)a new entrant business.
• B)R&D.
• C)test marketing.
• D)a pioneering business.

---

Definitions:

Commission

A formal group or body delegated to perform a specific function or to investigate, discuss, or report on a particular matter.

Policies

Principles or rules created to guide decisions and achieve rational outcomes.

Guarantee Health Care

A commitment or policy ensuring that individuals have access to necessary medical treatments and services, sometimes regardless of their ability to pay.

Infant Mortality

The mortality rate of infants below the age of one, frequently employed as a measure of a community's health status and overall well-being.