Which of the following statements is true of the different types of innovations?Group of answer choicesProcess innovations are more visible than product innovations.An innovation that was once considered radical may eventually be considered incremental as the knowledge base underlying the innovation becomes more common.An innovation is considered a component innovation if it significantly affects the overall configuration of the system of which it is a component.An architectural innovation is also called a modular innovation.

Which of the following statements is correct? a) There is only one type of innovation and that is product/service innovation. b) Radical Innovation is easier to implement than Incremental Innovation. c) Disruptive Innovation is also Radical Innovation. d) Radical innovation of demand always brings in huge fortune.

Improvements not changes, the components are not fundamentally changed.Group of answer choicesIncremental InnovationRadical InnovationModular InnovationArchitectural Innovation

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

I. Breakthrough innovation is one of the four types of innovation according to hbr.org.II. Sustainable innovation is the same as disruptive innovation.Group of answer choicesBoth Statements are FalseBoth statements are TrueStatement I is False, Statement II is TrueStatement I is True; Statement II is False

Which of the following best describes innovation?Group of answer choicesIt is the development and implementation of new ideas.It is an organization adopting processes similar to its competitor.It is the replication of existing ideas.It is improving a new product to perform better.