Reasons for commercialization - SS2 Government Past Questions and Answers - page 1
1
What is the primary reason for commercialization?
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A
To meet customer needs
B
To generate revenue and profits
C
To gain a competitive advantage
2
How can commercialization help a company gain a competitive advantage?
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A
By entering new markets
B
By expanding existing markets
C
By introducing new and innovative products or services
3
What is one of the benefits of commercialization?
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A
Reduced competition
B
Decreased customer satisfaction
C
Increased job opportunities
4
Why do investors invest in new ideas, products, or services?
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A
To generate revenue and profits
B
To create employment opportunities
C
To meet customer needs
5
What is the significance of commercialization for businesses?
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A
It helps sustain growth in the long run
B
It only benefits investors
C
It increases competition
6
What are the reasons for commercialization?
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7
What is the role of commercialization in sustaining business growth?
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