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A product, service, system or technology which is brand new to the industry, country or the world is termed a(n):Question 1Answera.novel innovationb.radical innovationc.internet-based innovationd.moderate innovatione.incremental innovation

Question

A product, service, system or technology which is brand new to the industry, country or the world is termed a(n):Question 1Answera.novel innovationb.radical innovationc.internet-based innovationd.moderate innovatione.incremental innovation

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Solution

The correct answer is b. Radical Innovation. This term is used to describe a product, service, system, or technology that is brand new to the industry, country, or the world. Radical innovations are typically disruptive and can significantly change the status quo of the industry they are introduced in.

Similar Questions

What term describes the introduction of a new product, service, or business model that fundamentally changes the way an industry operates?  A. Incremental innovation  B. Disruptive innovation  C. Radical innovation  D. Sustaining innovation

What is innovation? OPTIONS The process of creating new products, services, or processes The process of improving existing products, services, or processes Both A and B None of the above ####

Innovation is*1 pointThe successful introduction of a new thing or method.It is the embodiment, combination of methodssynthesis of knowledge in original, relevant, valued new products, processes, or servicesAll of the above

Innovation involves only the creation of new products, not the improvement of existing ones.Group of answer choicesTrueFalse

of innovation is the process by which the use of an innovation, whether a product or a service, spreads throughout a market group over time and over various categories of adopters. (Enter one word in each blank.)

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