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0. The following are the statements relating to the new product development. Indicate the statements being correct or incorrect. Statement (I): Most established companies do not focus on incremental innovation for new product development. Statement (II): Most established companies enter new markets by tweaking products for new customers.
Both statements are correct.
Both statements are incorrect.
Statement (I) is correct while Statement (II) is incorrect.
Statement (I) is incorrect while Statement (II) is correct.
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