LG Electronics Inc

question 58

Multiple Choice

LG Electronics Inc.has entered into an agreement with Google to offer selected models of its smartphones that use a multitouch interface installed on them rather than buttons to make calls with Google's Android operating system.This is an example of which type of innovation?

• A)continuous innovation.
• B)dynamically continuous innovation.
• C)discontinuous innovation.
• D)disruptive innovation.
• E)evolutionary innovation.

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Definitions:

Immediate Costs

Expenses that are directly incurred and need to be paid out in the short term.

Uncertain Benefits

Refers to potential advantages or gains from an investment or action that cannot be precisely predicted or quantified.

Production Cost

The total expense incurred in manufacturing a product or providing a service, including raw materials, labor, and overhead.

Expected Rate Of Return

A calculation representing the probable return on an investment, accounting for the risk of different investment options and the likelihood of various outcomes.