Reasons for commercialization - SS2 Government Past Questions and Answers - page 1

To generate revenue and profits

By introducing new and innovative products or services

Increased job opportunities

To generate revenue and profits

It helps sustain growth in the long run

Commercialization is undertaken to generate revenue and profits, meet customer needs, gain a competitive advantage, expand the business, create employment opportunities, and provide returns on investments.

Commercialization is crucial for businesses to achieve their goals and sustain growth in the long run by generating revenue and profits, meeting customer needs, and gaining a competitive advantage.