Which of the following statements about innovation is true?
A) Customer perception has nothing to do with the definition of innovation.
B) A product may legally be described as new and innovative for three years.
C) Innovation is anything that the marketer decides to call new.
D) The FTC has created a legal definition of the term innovation.
E) A product may be called an innovation even though it is not significantly changed from its predecessors.
Correct Answer:
Verified
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