Question

A drone is an unmanned aerial vehicle that is guided remotely, and farmers across the world are not utilizing drones, which are revolutionizing the farming industry. Although drones are not new, their use in agriculture is significantly impacting the industry and creating an entirely new market. Which type of new product is a drone in the context of agriculture?

Answer 1

Answer:

New-to-the-world product

Explanation:

New Product are products that are new to the world, the market, the producer, the seller, or other combination of producer and seller.

New-to-the-world products are simply said to be products that produces a fresh (entirely) new market. Ut represent the smallest category of new products. Examples are vibrations to give blind and visually impaired users an idea of the spatial layout of a room and drones introduction to agriculture to determine the weather, rainfall, soil type and others.

Due to high demand for agricultural products and the need to provide enough food against natural disasters and improvement of the agricultural sector, a new to the world product e. g drones are develop and has lead to rapid growth of the agricultural sector.