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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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