Mr. A wants to start his own business and is developing business plan of innovation. He is doing so for __________.
A
Recognition
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B
As an only survival alternate left for him
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C
He wants promotion
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D
None of the above
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Solution
The correct option is A Recognition Innovation is a process of transforming an idea or an invention into a good product or a service that creates value, this creation of value in the market can be achieved by attaing good recognition in the market.