New to the world products are those that are entirely new to the market and have never been seen before.Group of answer choicesTrueFalse
Question
New to the world products are those that are entirely new to the market and have never been seen before.
Group of answer choices
- True
- False
Solution
The statement "New to the world products are those that are entirely new to the market and have never been seen before" is True.
New to the world products refer to innovations that create a completely new market or significantly change existing products. These products have not been introduced before and often represent groundbreaking technology or concepts. Examples could include inventions like the first smartphone or electric vehicles, which introduced new functionalities and altered consumer behavior.
In contrast, products that are improvements or variations of existing ones do not fit this definition and are not considered entirely new to the market. Therefore, the answer to the question is True.
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