A company has developed a new component for a mobile phone and is confident that a market can be found for the new product. What is this an example of?

Name: A company has developed a new component for a mobile phone and is confident that a market can be found for the new product. What is this an example of?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Technology push refers to the development of new products based on technological advancements, where the company believes that the new technology will create its own demand in the market.

A Company Has Developed a New Component for a Mobile