Foot Friendly is a manufacturer of athletic shoes. It has released an improved version of its premier running shoe in markets in which the company already operates. Which of the following types of innovations does this scenario best illustrate?
A. architectural innovation
B. incremental innovation
C. radical innovation
D. disruptive innovation
Answer: B
You might also like to view...
Successful managers are able to focus on how their team or department fits into the company as a whole and how it contributes to the company's goals.
Answer the following statement true (T) or false (F)
________ sampling uses a specific set of procedures to identify individuals from the population to be included in the research.
A. Snowball B. Quota C. Judgment D. Probability E. Convenience
When a new plant can be built that is a duplicate of others already functioning
A. costs will be the same as in existing locations. B. labor trainers experienced in the operation of the machinery can be sent to the new locations without undergoing any training. C. manufacturing specifications from the technical department still require alterations. D. vendors will be requested to furnish equipment that they have supplied previously.
The ABC classification method classifies inventory based on ______.
a. unit value b. amount of safety stock needed c. product quality d. quantity demanded