A new product is defined as a product that either (1) is a significant
QUESTION
A new product is defined as a product that either (1) is a significant improvement over existing products or (2) performs a new function for the consumer.
Indicate whether the statement is true or false.
ANSWER
Answer: TRUE
Explanation: A new product is defined as a product that either (1) is a significant improvement over existing products or (2) performs a new function for the consumer.
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