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A student says that solving a customer problem always requires a completely new product. What is the correct correction?

Answer and explanation

Correct answer: A useful improvement to an existing product or process can also be a solution

Improvement-based innovation is also important in entrepreneurship. Distinguish invention from improvement.

Related tags

Innovation-MythProduct-ImprovementCustomer-ProblemMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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