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Which of the Following Statements Is True About Invention

Question 63

Multiple Choice

Which of the following statements is true about invention?


A) It essentially enables firms to deliver value in new ways.
B) It refers to the use of a novel idea or method.
C) It is the creation of a unique or novel concept, method or process that is often turned into a tangible outcome such as a new product.
D) It is the conversion of a novel concept into a product, process, or business model that generates revenues and profits.

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