Define the four types of innovation. Give an example of each.
What will be an ideal response?
A product innovation is a change in the appearance or the performance of a product or a service or the creation of a new one (for example, a lower-calorie or no-calorie version of a popular soft drink, such as Coca-Cola). A process innovation is a change in the way a product or service is conceived, manufactured, or disseminated (for example, Netflix renting DVD's via the U.S. mail).
A core innovation involves the optimizing of products or services for existing customers, as when Procter & Gamble modified a liquid detergent to make it available as a concentrated powder in a patch. A transformational innovation is the invention of breakthrough products or services that don't exist yet and that are aimed at creating brand-new markets and customers (for example, the first online dating website).
The student may provide different examples for each of the types of innovation listed above.
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What factor that influences our internal and external attributions listed below is the extent to which a person responds in the same way over a period of time?
A. dispute B. distinctiveness C. consistency D. consensus
What are some of the ethical responsibilities of researchers when they are developing scales?
What will be an ideal response?
What is the purpose of using contra accounts? What is the alternative to using them?
Securities that are exempt from registration under the federal securities laws include:
a. securities of domestic banks. b. annuity contracts issued by state-regulated insurance companies. c. bonds issued by a city. d. All of these are exempt.