Marketing encourages research and ____, the development and spread of new ideas, goods, and services.

Question

07-09-2022
Business

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Marketing encourages research and ____, the development and spread of new ideas, goods, and services.

Sagot :

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vtamit3 vtamit3 · Answer 1 · 2022-09-18T08:53:22-04:00

Marketing encourages research and Innovation, the development and spread of new ideas, goods, and services.

What is innovation?

Innovation is nothing but just a process where ideas or inventions are made, which is for goods and services. This is done to create value for which customers will pay.

There are various types of innovations available throughout the world, but for the sake of clarity, they have been classified into four categories: sustaining, breakthrough, disruptive, and basic.

Thus, it is marketing that encourages research and innovation with the help of which the development of new ideas, goods, and services is done and spread out.

Learn more about innovation from here:

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What is innovation?

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