If the product or service already exists, but the company is a first of its kind in its specific market, it is a________ business

Name: If the product or service already exists, but the company is a first of its kind in its specific market, it is a________ business
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A new entrant refers to a company or business that is entering an existing market for the first time, even if the product or service it offers is not new to the overall market.

If the Product or Service Already Exists, but the Company