Innovation can be simply defined as a "new idea, creative thoughts, new imaginations in form of device or method". However, innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs. Such innovation takes place through the provision of more-effective products, processes, services, technologies, or business models that are made available to markets, governments and society. The term "innovation" can be defined as something original and more effective and, as a consequence, new, that "breaks into" the market or society. Innovations tend to be produced by outsiders and founders in startups, rather than existing organizations. Innovation is related to, but not the same as, invention, as innovation is more apt to involve the practical implementation of an invention (i.e. new/improved ability) to make a meaningful impact in the market or society, and not all innovations require an invention.
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In<u> Pure competition, </u>many firms provide similar products that are considered substitutes for each other. Hence, Option A is correct.
<h3>What is the pure competition?</h3>
A marketing scenario where many companies sell the same product and cannot differentiate themselves from one another; as a result, no firm has a substantial impact on price.
The ease with which new businesses can enter the market and great market knowledge is further existing factors.
Hence, In<u> Pure competition, </u>many firms provide similar products that are considered substitutes for each other. Option A is correct.
The missing part of the question is given below:
A. pure competition
B. oligopolistic competition
C. monopolistic competition
D. a monopoly
E. a duopoly
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Answer:
environmental deterministic
Explanation:
Environmental deterministic are group of people who believe that the development of the environment will heavily influence the development of culture in it.
When we reify a certain concept, we transform an abstract concept into a more concrete one as an effort to understand it.
When we treat culture as a real force, we consider it as a concrete object that can be shaped by various factors around it. Which is why environmental deterministic tend to Reify culture more than others group of people.
A is correct, have a good day!
Answer:
It would be where everyone lived in peace and harmony
Explanation:
Everyone would get along and never fight. There would be more agreements and less wars on trade, land, and politics. An ideal society is not real because there will never be peace until the end of time when the Last Judgement arrives. Then the world would be an ideal society because it would be Heaven. There would be no sadness or death or hunger.
