1c) Sources of Business opportunity part 2

Question 1

what is Technological development ?

Answer 1

technological development is the invention and innovation of tools that solve problems and enhance processes

Question 2

what are global markets?

Answer 2

global markets are areas across the world in which businesses trade goods and services

Question 3

what is research and development?

Answer 3

research and development is activity directed towards discovering, creating and introducing new products and processes