According to your text, which of the following is an example of a "new product"?
A) An existing product that has been modified in some way.
B) An existing product for which new uses have been found in other product-markets.
C) A wholly new product idea.
D) An existing product being offered to new markets.
E) All of these are examples of a "new product."

Question

Quizplus · Accepted Answer

All the options provided represent different ways in which a product can be considered "new." A product can be new if it has been modified, if it has found new uses in other markets, if it is a completely new idea, or if it is being introduced to new markets. Each of these scenarios involves some element of novelty, either in the product itself or in its application, making them examples of a "new product."

According to Your Text, Which of the Following Is an Example