A new product is defined as a product that either (1) is a significant improvement over existing products or (2) performs a new function for the consumer
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: A new product is defined as a product that either (1) is a significant improvement over existing products or (2) performs a new function for the consumer.
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A general journal gives a complete record of each transaction in one place, and shows the debits and credits for each transaction.
Answer the following statement true (T) or false (F)
Caroline needs information from a coworker in another office about an upcoming sales promotion. What is the best communication channel for Caroline to use to request this information?
A) E-mail, text, or IM B) Phone call C) Memo D) Letter
In the context of the entrepreneurial strategy matrix, most small business ventures are in the lower right quadrant where innovation is low and risk is high.
Answer the following statement true (T) or false (F)
Computer crimes are also referred to as cybercrimes
Indicate whether the statement is true or false