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      Question

      What is the term used to describe the process of

      transforming an idea or invention into a marketable product or service?
      A Ideation Correct Answer Incorrect Answer
      B Innovation Correct Answer Incorrect Answer
      C Commercialization Correct Answer Incorrect Answer
      D Standardization Correct Answer Incorrect Answer

      Solution

      Commercialization refers to the process of bringing an idea or invention to market and turning it into a commercially viable product or service. It involves activities such as product development, marketing, and distribution to make the product available to customers and generate revenue.

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