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    Question

    Which of the following statements about the innovation

    life cycle is/are correct? 1. All innovation life cycles follow the same timeline regardless of complexity. 2. The fluid stage focuses on defining opportunities and obtaining patents. 3. The specific stage emphasizes minimizing costs and refining production processes.
    A 1 and 2 only Correct Answer Incorrect Answer
    B 2 and 3 only Correct Answer Incorrect Answer
    C 1 and 3 only Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer

    Solution

    Statement 1 is incorrect as the timeline varies depending on the complexity and scale of the innovation.

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