Question

landmark inc. is a multinational corporation that designs, develops, and sells consumer electronics. it recently invested significant resources into r&d, which resulted in a one-of-a-kind gadget that could be used as a tablet as well as a cellphone. the product has given landmark a leadership position in the market and rendered many existing products obsolete. in this scenario, landmark’s gadget is a

Answer 1

The term that that describes the product of landmark inc. who sells consumer electronics and her product stand as leadership position in the market is New-to-the-world products.

• New-to-the-world products can be regarded as products that is just getting to market for first time.

• There are usually considered innovative product.

Therefore, landmark inc in this sense is considered New-to-the-world products.

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